Tulsa, Oklahoma Entrepreneur Gets an SBA Loan
Looking to get an Oklahoma bank loan? This Oklahoma entrepreneur got a bank loan, provided by a Florida bank that works with the SBA to help small business owners.
By giving the right information to Business Loan Center, LLC, this Tulsa, Oklahoma business was able to get an SBA loan. To get this loan, Bonborniere Home Couture gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
Bonborniere Home Couture
6044 South Yale
Tulsa, OK 74135
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442299 - All Other Home Furnishings Stores
Loan Approval Date
8/30/2007
Loan Approval Gross Amount
$48,000
Loan Approval from the SBA
Of the total $48,000 loan amount, the SBA guaranteed $40,800.
More Information on This SBA Loan
The borrower, Bonborniere Home Couture, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Tulsa OK, you ought to talk with a local Tulsa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulsa businesses.
If Bonborniere Home Couture can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Startup Funding Tip
SBA 7A Banks for Panama City Beach, Florida Loans
SBA Lenders in Florida
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