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| Entrepreneur Resources | Stillwater National Bank & Trust Stillwater Business Loans | ||||
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Stillwater National Bank & Trust Business Loan Tulsa
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Tulsa, Oklahoma Business Gets SBA-Guaranteed Funding from Stillwater National Bank & TrustStillwater National Bank & Trust 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.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $10,000 from Stillwater National Bank & Trust. The SBA made the loan possible by guaranteeing $5,000 of this Oklahoma small business loan. SBA Loan Borrower TULSA FEED INC SBA Loan Lender STILLWATER NATIONAL BANK & TRUST The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 453998 - All Other Miscellaneous Store Retailers (except Tobacco Stores) Loan Approval Date 1/29/2002 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower, Tulsa Feed Inc, 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. This loan was paid in full, and was closed out on 3/27/2003. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Tulsa Feed Inc got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Stillwater, Oklahoma Where to Get an SBA Loan 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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