Borrowing Money for Masonry Contractors
Looking for loans for masonry contractors? Try the SBA. This $425,000 masonry contractors loan was issued by an Oklahoma bank.
American Marble & Granite, Inc knew how to go about getting a business bank loan. Based in Bixby, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Onb Bank And Trust Company, based in Tulsa, Oklahoma.
SBA Loan Borrower
AMERICAN MARBLE & GRANITE, INC
14759 SOUTH GRANT
BIXBY, OK 74008
SBA Loan Lender
ONB BANK AND TRUST COMPANY
2424 E 21ST ST, STE 100
TULSA, OK 74114
This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238140 - Masonry Contractors
Loan Approval Date
7/13/2007
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
More Information on This SBA Loan
The borrower, American Marble & Granite, Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 39 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 34 existing jobs. This loan was paid in full, and was closed out on 12/4/2007.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this American Marble & Granite, Inc loan from Onb Bank And Trust Company so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Business Line of Credit
SBA 7A Lenders in Tulsa, Oklahoma
Getting a Business Loan in Oklahoma
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