Plumbing, Heating, and Air-Conditioning Contractors Commercial Loans
With these commercial loans for plumbing, heating, and air-conditioning contractors, the SBA guarantees the lender that the loan will be repaid. This plumbing, heating, and air-conditioning contractors loan for $4,300 was given to an Oklahoma entrepreneur in 2005.
Getting a small business loan in Tulsa, Oklahoma was important for Britton Plumbing Company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from International Bank Of Commerce, operating out of Oklahoma City, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
Britton Plumbing Company
4540 54TH ST
TULSA, OK 74107
SBA Loan Lender
INTERNATIONAL BANK OF COMMERCE
3601 NW 63RD ST
OKLAHOMA CITY, OK 73116
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
10/21/2005
Loan Approval Gross Amount
$4,300
Loan Approval from the SBA
Of the total $4,300 loan amount, the SBA guaranteed $2,150.
More Information on This SBA Loan
The borrower, Britton Plumbing Company, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like International Bank Of Commerce and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Equity Financing
SBA Approved Banks in Oklahoma City, Oklahoma
Oklahoma SBA Banks
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