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May 1, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Community Bank & Trust Company Tulsa Business Loans > Metal Service Centers And Metal Merchant Wholesalers Loan | ||||
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Tulsa SBA Lenders
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Tulsa, Oklahoma Bank Lends Money to Metal Service Centers And Metal Merchant Wholesalers Company in Tulsa, OklahomaGet to know Tulsa, Oklahoma banks that specialize in SBA loans and know how to work with entrepreneurs. Community Bank & Trust Company is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Community Bank & Trust Company. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: METAL SERVICE CENTERS AND METAL MERCHANT WHOLESALERS SBA Loan Lender COMMUNITY BANK & TRUST COMPANY SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423510 - Metal Service Centers and Metal Merchant Wholesalers Loan Approval Date 11/2/2005 Loan Approval Gross Amount $88,388 Loan Approval from the SBA Of the total $88,388 loan amount, the SBA guaranteed $75,130. 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 4 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $88,388 loan. Remember, things become real when you believe you can achieve them! 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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