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| Entrepreneur Resources | 1st National Bank & Trust - Broken Broken Arrow Business Loans | ||||
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Raising Money in Tulsa, Oklahoma With SBA Loans
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1st National Bank & Trust - Broken Gives Business Loan to Accurate Autobody IncOklahoma bank loans are available to Oklahoma firms through the SBA. In this case, an Oklahoma bank provides the loan.
Getting a small business loan in Tulsa, Oklahoma was a top priority for Accurate Autobody Inc back in 2005 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank & Trust - Broken. Here are the details on this Oklahoma small business loan. SBA Loan Borrower ACCURATE AUTOBODY INC SBA Loan Lender 1ST NATIONAL BANK & TRUST - BROKEN This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 3/28/2005 Loan Approval Gross Amount $129,400 Loan Approval from the SBA Of the total $129,400 loan amount, the SBA guaranteed $64,700. More Information on This SBA Loan The borrower, Accurate Autobody Inc, 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 23 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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 Accurate Autobody Inc did when it applied for and received this $129,400 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: SBA Participating Banks in Broken Arrow, Oklahoma 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.
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