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| Entrepreneur Resources | 1st National Bank & Trust - Broken Broken Arrow Business Loans | ||||
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Tulsa, Oklahoma Bank Loan
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Get an SBA Loan for Collection AgenciesWith these small business loans for collection agencies, the SBA guarantees the lender that the loan will be repaid. This collection agencies loan for $122,973 was given to an Oklahoma entrepreneur in 2005.
First Credit Services,Inc received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with 1st National Bank & Trust - Broken, out of Broken Arrow, Oklahoma. The loan was granted and they received $122,973 to help grow their Tulsa, Oklahoma business. SBA Loan Borrower FIRST CREDIT SERVICES,INC SBA Loan Lender 1ST NATIONAL BANK & TRUST - BROKEN 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 561440 - Collection Agencies Loan Approval Date 1/13/2005 Loan Approval Gross Amount $122,973 Loan Approval from the SBA Of the total $122,973 loan amount, the SBA guaranteed $61,486. More Information on This SBA Loan The borrower, First Credit Services,Inc, 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 20 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 20 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Your solution for where to find money to start a business may be an SBA guaranteed loan. First Credit Services,Inc 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. Related Links: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks for Broken Arrow, Oklahoma Loans Getting an SBA Loan in Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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