Engineering Services Bank Loans

Looking for bank loans for engineering services? An SBA loan may be just what you've been looking for. This $409,700 engineering services loan was issued by an Oklahoma bank.

Construction Materials Testing 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 2005. The lending bank was Onb Bank And Trust Company, based in Tulsa, Oklahoma.

SBA Loan Borrower

CONSTRUCTION MATERIALS TESTING
3445 SOUTH SHERIDAN ROAD
TULSA, OK 74135

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

11/7/2005

Loan Approval Gross Amount

$409,700

Loan Approval from the SBA

Of the total $409,700 loan amount, the SBA guaranteed $307,275.

More Information on This SBA Loan

The borrower, Construction Materials Testing, 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 5 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Construction Materials Testing recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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