Panama City Beach, Florida Bank Lends Money to Valverde Financial Services, Inc. in Tulsa, Oklahoma
Thinking about meeting with a Panama City Beach, Florida bank about a small business loan? Here's one Oklahoma business loan, issued by a Panama City Beach bank, that was approved by the SBA.
Applying for an SBA loan with Business Loan Center, LLC worked out well for our friends at Valverde Financial Services, Inc. in Tulsa, Oklahoma. They received an SBA loan for $25,000. Sweet!
SBA Loan Borrower
Valverde Financial Services, Inc.
10354 East 21st Street
Tulsa, OK 74129
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541213 - Tax Preparation Services
Loan Approval Date
6/27/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower, Valverde Financial Services, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Valverde Financial Services, Inc. needed a loan. Business Loan Center, LLC probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Business Loan Center, LLC made the loan. The end result was that Valverde Financial Services, Inc. was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - How to Borrow Money
Where to Get an SBA Loan in Panama City Beach, Florida
Getting an SBA Loan in Florida
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