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| Entrepreneur Resources | Triad Bank Tulsa Business Loans | ||||
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Triad Bank Business Loans Tulsa, OK
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Business Loan from Triad Bank Given to Triad Business Group LLCTriad Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Oklahoma entrepreneur who tapped into the power of SBA loans.
Triad Business Group LLC received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Triad Bank, out of Tulsa, Oklahoma. The loan was granted and they received $70,000 to help grow their Tulsa, Oklahoma business. SBA Loan Borrower TRIAD BUSINESS GROUP LLC SBA Loan Lender TRIAD BANK This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541511 - Custom Computer Programming Services Loan Approval Date 8/20/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower, Triad Business Group LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 5/1/2007. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. Triad Business Group LLC 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: Obtaining Funding - Getting Venture Capital SBA Participating Banks in Tulsa, 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.
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