SBA Loans for Home Centers
Looking for SBA loans for home centers? An SBA loan may be just what you've been looking for. This $750,000 home centers loan was issued by an Oklahoma bank.
Langely Hardware & Buildong Su knew how to go about getting a business bank loan. Based in Langley, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Nbanc, based in Tulsa, Oklahoma.
SBA Loan Borrower
LANGELY HARDWARE & BUILDONG SU
PO BOX 878
LANGLEY, OK 74350
SBA Loan Lender
NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small 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
444110 - Home Centers
Loan Approval Date
3/4/2003
Loan Approval Gross Amount
$750,000
Loan Approval from the SBA
Of the total $750,000 loan amount, the SBA guaranteed $562,500.
More Information on This SBA Loan
The borrower, Langely Hardware & Buildong Su, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 8/1/2005.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
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 Langely Hardware & Buildong Su did when it applied for and received this $750,000 loan. Remember, feel the fear, and do it anyway.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Strategic Investors
SBA 7A Banks for Tulsa, Oklahoma Loans
Where to Get an SBA Loan Oklahoma
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.