Women's Clothing Stores Business Loans
With these business loans for women's clothing stores, the SBA guarantees the lender that the loan will be repaid. This women's clothing stores loan for $74,400 was given to an Oklahoma entrepreneur in 2003.
Getting a small business loan in Tulsa, Oklahoma was important for Divine 9 Maturnity back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Anb Finan, operating out of Springdale, Arkansas. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
DIVINE 9 MATURNITY
9542 SOUTH 95TH E AVE
TULSA, OK 74133
SBA Loan Lender
ANB FINAN
3942 ELM SPRINGS RD
SPRINGDALE, AR 72762
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448120 - Women's Clothing Stores
Loan Approval Date
10/29/2003
Loan Approval Gross Amount
$74,400
Loan Approval from the SBA
Of the total $74,400 loan amount, the SBA guaranteed $63,240.
More Information on This SBA Loan
The borrower, Divine 9 Maturnity, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 Divine 9 Maturnity did when it applied for and received this $74,400 loan. Remember, anyone can do it... so why not you?
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Advice on Getting a Small Business Loan
Find an SBA Lender in Springdale, Arkansas
Arkansas SBA 7A Lenders
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