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| Entrepreneur Resources | Community Bank & Trust Company Tulsa Business Loans | ||||
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SBA Lenders That Lend to Tulsa Entrepreneurs
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Tulsa, Oklahoma Entrepreneur Gets a Business LoanSearching for an Oklahoma bank loan? This Oklahoma entrepreneur got a bank loan, provided by an Oklahoma bank that works with the SBA to help small business owners.
Getting a small business loan in Tulsa, Oklahoma was a top priority for Tsunami Sushi, LLC back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Community Bank & Trust Company. Here are the details on this Oklahoma small business loan. SBA Loan Borrower TSUNAMI SUSHI, LLC SBA Loan Lender COMMUNITY BANK & TRUST COMPANY This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/6/2005 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower, Tsunami Sushi, LLC, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 58 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 11/30/2007. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Tsunami Sushi, LLC did when it applied for and received this $300,000 loan. Remember, anyone can do it... so why not you? About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Role of Business Plan When Raising Money Best Banks for Small Business 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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