Financing for Commercial and Institutional Building Construction
Looking for commercial loans for commercial and institutional building construction? Try the SBA. This $100,000 commercial and institutional building construction loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $100,000 from Community Bank & Trust Company. The SBA made the loan possible by guaranteeing $50,000 of this Oklahoma small business loan.
SBA Loan Borrower
KBI INC
8808 A SOUTH PEORIA
TULSA, OK 74132
SBA Loan Lender
COMMUNITY BANK & TRUST COMPANY
8908 S YALE, STE 100-91ST
TULSA, OK 74105
The lender provided this SBA small business 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
236220 - Commercial and Institutional Building Construction
Loan Approval Date
4/21/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower, Kbi Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Kbi Inc, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Borrowing Money from Friends and Family
Best Banks for Small Business in Tulsa, Oklahoma
SBA Oklahoma Lenders
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