Small Business Loans for Special Trade Contractors

With these small business loans for special trade contractors, the SBA guarantees the lender that the loan will be repaid. This special trade contractors loan for $149,500 was given to an Oklahoma entrepreneur in 2003.

Getting a small business loan in Grove, Oklahoma was important for Tach-It Fabrication&machine,In back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Nbanc, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

TACH-IT FABRICATION&MACHINE,IN
64505 E. 240 ROAD
GROVE, OK 74344

SBA Loan Lender

NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235990 - All Other Special Trade Contractors

Loan Approval Date

4/7/2003

Loan Approval Gross Amount

$149,500

Loan Approval from the SBA

Of the total $149,500 loan amount, the SBA guaranteed $127,075.

More Information on This SBA Loan

The borrower, Tach-It Fabrication&machine,In, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Tach-It Fabrication&machine,In got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Alternative Financing

Best Banks in Tulsa, Oklahoma

SBA Lenders in Oklahoma

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