Tulsa, Oklahoma Entrepreneur Gets a Small Business Loan

Want an Oklahoma small business loan? This Oklahoma entrepreneur got a small business loan, provided by an Oklahoma bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Tulsa, Oklahoma by studying this loan to Superior Specialty Gas Service, made back in 2007. Banks like Red Crown Fcu may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

SUPERIOR SPECIALTY GAS SERVICE
1102 W 36TH ST NORTH
TULSA, OK 74127

SBA Loan Lender

RED CROWN FCU
5001 E 91ST ST
TULSA, OK 74137

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541380 - Testing Laboratories

Loan Approval Date

3/14/2007

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower, Superior Specialty Gas Service, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Superior Specialty Gas Service walked into Red Crown Fcu and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

How to Raise Money

SBA 7A Lenders in Tulsa, Oklahoma

Getting a Business Loan in Oklahoma

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.