Tulsa, Oklahoma Entrepreneur Gets an SBA Loan
Would an Oklahoma business loan help your company expand? If so, you may want to talk with this Oklahoma bank, which offers SBA loans to Oklahoma entrepreneurs.
Getting a small business loan in Tulsa, Oklahoma was a top priority for Collins Quality Print Shop back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank & Trust Company. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COLLINS QUALITY PRINT SHOP
3236 E. 15TH ST.
TULSA, OK 74101
SBA Loan Lender
COMMUNITY BANK & TRUST COMPANY
8908 S YALE, STE 100-91ST
TULSA, OK 74105
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5112 - Stationery and Office Supplies
NAICS Code
422120 - Stationery and Office Supplies Wholesalers
Loan Approval Date
5/23/2002
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
More Information on This SBA Loan
The borrower, Collins Quality Print Shop, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Collins Quality Print Shop is able to get a $175,000 loan, why not give getting an SBA loan of your own a try?
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Business Incubators
Small Business Banks in Tulsa, Oklahoma
Getting an SBA Loan in Oklahoma
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