Professional, Scientific, and Technical Services Commercial Loans
With these commercial loans for professional, scientific, and technical services, the SBA guarantees the lender that the loan will be repaid. This professional, scientific, and technical services loan for $1,900,000 was given to an Oklahoma entrepreneur in 2005.
Getting a small business loan in Tulsa, Oklahoma was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank Of Oklahoma, operating out of Pawhuska, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
TULSA, OK 74114
SBA Loan Lender
CITIZENS BANK OF OKLAHOMA
101 E 8TH ST
PAWHUSKA, OK 74056
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $1,900,000 loan amount, the SBA guaranteed $1,425,000.
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 9 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,900,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
Role of Business Plan When Raising Money
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