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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Tulsa, Business Loans > Bank - Oklahoma Tulsa Business Loans > Sporting And Recreational Goods And Supplies Merchant Wholesalers Loan | ||||
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Raising Money in Dallas, Texas With SBA Loans
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Where to Get Capital for Sporting and Recreational Goods and Supplies Merchant WholesalersLooking for small business loans for sporting and recreational goods and supplies merchant wholesalers? Talk to a banker who works with the SBA. This $850,000 sporting and recreational goods and supplies merchant wholesalers loan was issued by an Oklahoma bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank - Oklahoma, out of Tulsa, Oklahoma. The loan was granted and they received $850,000 to help grow their Dallas, Texas business. SBA Loan Borrower COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender BANK - OKLAHOMA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423910 - Sporting and Recreational Goods and Supplies Merchant Wholesalers Loan Approval Date 8/2/2007 Loan Approval Gross Amount $850,000 Loan Approval from the SBA Of the total $850,000 loan amount, the SBA guaranteed $637,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 16 employees. The loan application indicated that the loan would help retain 16 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank - Oklahoma are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links:
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