Tulsa, Oklahoma Entrepreneur Gets an SBA Loan
SBA loans in Oklahoma are hard to find these days. We take a look at one Oklahoma SBA loan, provided by a Virginia bank, that was approved by the SBA.
You can learn something about getting a small business loan in Tulsa, Oklahoma by studying this loan to Victor Valdivia Dba Rancho Nuevo Transport, made back in 2007. Banks like Capital One may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
VICTOR VALDIVIA DBA RANCHO NUEVO TRANSPORT
5145 E 117TH ST
TULSA, OK 74137
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
The lender provided this SBA 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
484121 - General Freight Trucking, Long Distance, Truckload
Loan Approval Date
9/7/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower, Victor Valdivia Dba Rancho Nuevo Transport, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Victor Valdivia Dba Rancho Nuevo Transport walked into Capital One and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Realistic Debt Financing Options
Who Lends Money to Small Businesses in Mclean, Virginia
Browse All Business Loan Sources for Virginia
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.