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April 25, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Citizens Bank Of Oklahoma Tulsa Business Loans > Machine Shops Loan | ||||
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What Does It Take to Get a Business Loan in Tulsa, Oklahoma?
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Borrowing Money for Machine ShopsWith these bank loans for machine shops, the SBA guarantees the lender that the loan will be repaid. This machine shops loan for $1,595,000 was given to an Oklahoma entrepreneur in 2007. This small firm knew how to go about getting a business bank loan. Based in Tulsa, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Citizens Bank Of Oklahoma, based in Tulsa, Oklahoma. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender CITIZENS BANK OF OKLAHOMA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 12/5/2007 Loan Approval Gross Amount $1,595,000 Loan Approval from the SBA Of the total $1,595,000 loan amount, the SBA guaranteed $1,196,250. 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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $1,595,000. How would you spend $1,595,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding - Getting Venture Capital SBA 7A Lenders in Tulsa, Oklahoma
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