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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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SBA 7A Banks for Tulsa, Oklahoma Small Businesses
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Small Business Loans for Testing LaboratoriesWith these small business loans for testing laboratories, the SBA guarantees the lender that the loan will be repaid. This testing laboratories loan for $750,000 was given to an Oklahoma entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $750,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $562,500 of this Oklahoma small business loan. SBA Loan Borrower MARK CHARLES GOODSON AND KAREN SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541380 - Testing Laboratories Loan Approval Date 2/10/2004 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $562,500. More Information on This SBA Loan The borrower, Mark Charles Goodson And Karen, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 11 existing jobs. This loan was paid in full, and was closed out on 1/31/2006. Start the Process for Getting an SBA Loan Today! 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. 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 Mark Charles Goodson And Karen did when it applied for and received this $750,000 loan. Remember, if it to be, it is up to me! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Good Banks for Small Business in Livingston, New Jersey Getting a Business Loan in New Jersey 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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