Bancfirst SBA Loan to Technology Development Group I
Bancfirst has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.
Technology Development Group I received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bancfirst, out of Oklahoma City, Oklahoma. The loan was granted and they received $250,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
TECHNOLOGY DEVELOPMENT GROUP I
41901 WOLVERINE RD
TULSA, OK 74804
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This SBA 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
334510 - Electromedical and Electrotherapeutic Apparatus Manufacturing
Loan Approval Date
4/27/2004
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower, Technology Development Group I, 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 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Technology Development Group I recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Banking Deregulation's Effects on Entrepreneurship
Good Banks for Small Business in Oklahoma City, Oklahoma
Oklahoma SBA Banks
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