Tulsa, Oklahoma Bank Lends Money to Close Custom Cabinets, Inc. in Oklahoma City, Oklahoma
A Tulsa, Oklahoma SBA loan can be yours. Learn how Close Custom Cabinets, Inc. got a $575,000 business loan from this Oklahoma bank.
This loan to Close Custom Cabinets, Inc. is a good example of an SBA loan. Bank - Oklahoma made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
CLOSE CUSTOM CABINETS, INC.
440 W BRITTON ROAD
OKLAHOMA CITY, OK 73114
SBA Loan Lender
BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172
This debt financing 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.
SIC Code
1751 - Carpentry Work
NAICS Code
235510 - Carpentry Contractors
Loan Approval Date
12/5/2001
Loan Approval Gross Amount
$575,000
Loan Approval from the SBA
Of the total $575,000 loan amount, the SBA guaranteed $431,250.
More Information on This SBA Loan
The borrower, Close Custom Cabinets, Inc., 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 51 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 Close Custom Cabinets, Inc. did when it applied for and received this $575,000 loan. Remember, things become real when you believe you can achieve them!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Financing Your Business
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Oklahoma SBA 7A Lenders
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