Commercial Loans for Offices of Lawyers
Looking for commercial loans for offices of lawyers? The SBA may be the answer. This $70,000 offices of lawyers loan was issued by an Oklahoma bank.
Andrew S Harman Pc knew how to go about getting a business bank loan. Based in Tulsa, 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
ANDREW S HARMAN PC
5303 S LEWIS
TULSA, OK 74170
SBA Loan Lender
NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541110 - Offices of Lawyers
Loan Approval Date
11/7/2003
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $35,000.
More Information on This SBA Loan
The borrower, Andrew S Harman Pc, borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. This loan was paid in full, and was closed out on 4/1/2005.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to Andrew S Harman Pc to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Microlending as a Small Business Funding Source
Small Business Banks in Tulsa, Oklahoma
Oklahoma SBA Bank Lenders
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