Team Petroleum Inc.

1202 S. George Nigh Expressw, McAlester, OK 74502 · Petroleum and Petroleum Products Wholesalers (except Bulk Stations and (NAICS 422720)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$1.4M

Jobs Supported

0

Years Active

1996–1998

Loan History (3)

Source: SBA FOIA
7(a)$500,000
Cancelled
Approved
Dec 11, 1997 (FY1998)
SBA Guaranteed
$375,000 (75%)
Term
12 months (1.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Petroleum and Petroleum Products Wholesalers (except Bulk Stations and (NAICS 422720)

Lender

Jpmorgan Chase Bank, National Association

1111 Polaris Pkwy, Columbus, OH 43240

Project Location

Pittsburg County, OK

7(a)$400,000
Paid in Full
Approved
Oct 10, 1996 (FY1997)
SBA Guaranteed
$300,000 (75%)
Term
49 months (4.1 yrs)
Revolver
0
Business Type
Corporation
Industry
Petroleum and Petroleum Products Wholesalers (except Bulk Stations and (NAICS 422720)
Paid in Full
Jul 31, 2006

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Pittsburg County, OK

7(a)$484,000
Charged Off
Approved
Sep 24, 1996 (FY1996)
SBA Guaranteed
$363,000 (75%)
Term
33 months (2.8 yrs)
Revolver
0
Business Type
Corporation
Industry
Petroleum and Petroleum Products Wholesalers (except Bulk Stations and (NAICS 422720)
Charge-off Date
Aug 28, 2008
Charge-off Amount
$13,000

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Pittsburg County, OK

Business Details

Business Type
Corporation
NAICS Code
422720 Petroleum and Petroleum Products Wholesalers (except Bulk Stations and
Address
1202 S. George Nigh Expressw
McAlester, OK 74502

Lenders

Jpmorgan Chase Bank, National Association
1111 Polaris Pkwy, Columbus, OH 43240
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042

Other SBA Borrowers in McAlester

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