Financing for Offices of Certified Public Accountants
Looking for loans for offices of certified public accountants? Talk to a banker who works with the SBA. This $176,600 offices of certified public accountants loan was issued by an Oklahoma bank.
Hood & Associates, Pc received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Spiritbank, out of Tulsa, Oklahoma. The loan was granted and they received $176,600 to help grow their Bartlesville, Oklahoma business.
SBA Loan Borrower
HOOD & ASSOCIATES, PC
501 E 4TH
BARTLESVILLE, OK 74003
SBA Loan Lender
SPIRITBANK
9618 S MEMORIAL
TULSA, OK 74133
This SBA loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8721 - Accounting, Auditing, and Bookkeeping Services
NAICS Code
541211 - Offices of Certified Public Accountants
Loan Approval Date
3/30/2004
Loan Approval Gross Amount
$176,600
Loan Approval from the SBA
Of the total $176,600 loan amount, the SBA guaranteed $132,450.
More Information on This SBA Loan
The borrower, Hood & Associates, Pc, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 5/22/2006.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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. If a firm like Hood & Associates, Pc is able to get a $176,600 loan, 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 SBA loan database.
Related Links:
How Equity Dilution Works
Good Banks for Small Business in Tulsa, Oklahoma
Where to Get an SBA Loan Oklahoma
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