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May 2, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Men's And Boys' Clothing And Accessory Stores Loan | ||||
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North Carolina Bank SBA Loans
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Bank Of America SBA Loan to Men's And Boys' Clothing And Accessory Stores CompanyLooking to get an Oklahoma business loan? Here's one Oklahoma business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Midwest City, Oklahoma was able to borrow $110,300 from Bank Of America. The SBA made the loan possible by guaranteeing $82,725 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: MEN'S AND BOYS' CLOTHING AND ACCESSORY STORES SBA Loan Lender BANK OF AMERICA This SBA small business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5611 - Men's and Boys' Clothing and Accessory Stores Loan Approval Date 10/19/2000 Loan Approval Gross Amount $110,300 Loan Approval from the SBA Of the total $110,300 loan amount, the SBA guaranteed $82,725. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Good Banks for Small Business in Charlotte, North Carolina
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