Oil Palace Inc
10408 State Highway 64 E, Tyler, TX 75707 · Promoters of Performing Arts, Sports, and Similar Events With Faciliti (NAICS 711310)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$4.3M
Jobs Supported
51
Years Active
2018–2018
Loan History (2)
Source: SBA FOIA7(a)$375,000
Exempt
- Approved
- May 17, 2018 (FY2018)
- SBA Guaranteed
- $281,250 (75%)
- Term
- 225 months (18.8 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 21
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Promoters of Performing Arts, Sports, and Similar Events With Faciliti (NAICS 711310)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Smith County, TX
7(a)$3,900,000
Exempt
- Approved
- Nov 2, 2017 (FY2018)
- SBA Guaranteed
- $2,925,000 (75%)
- Term
- 211 months (17.6 yrs)
- Interest Rate
- 7.00%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Business Age
- Less Than 5 Years Old but at Least 4
- Industry
- Promoters of Performing Arts, Sports, and Similar Events With Faciliti (NAICS 711310)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Smith County, TX
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 711310 — Promoters of Performing Arts, Sports, and Similar Events With Faciliti
- Address
- 10408 State Highway 64 E
Tyler, TX 75707
Lender
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042