Amusement and Recreation Industries Commercial Loans
With these commercial loans for amusement and recreation industries, the SBA guarantees the lender that the loan will be repaid. This amusement and recreation industries loan for $106,000 was given to an Oklahoma entrepreneur in 2002.
Tulsa Games And Entertainment received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank - Oklahoma, out of Oklahoma City, Oklahoma. The loan was granted and they received $106,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
TULSA GAMES AND ENTERTAINMENT
11895 E. 38TH STREET
TULSA, OK 74146
SBA Loan Lender
BANK - OKLAHOMA
7701 S WESTERN
OKLAHOMA CITY, OK 73139
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713990 - All Other Amusement and Recreation Industries
Loan Approval Date
3/8/2002
Loan Approval Gross Amount
$106,000
Loan Approval from the SBA
Of the total $106,000 loan amount, the SBA guaranteed $90,100.
More Information on This SBA Loan
The borrower, Tulsa Games And Entertainment, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 5/22/2006.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to Tulsa Games And Entertainment to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
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Banks in Oklahoma City, Oklahoma
Where to Get an SBA Loan Oklahoma
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