Tulsa, Oklahoma Bank Lends Money to Metal Building Industries . in Tulsa, Oklahoma

Get to know Tulsa, Oklahoma banks that specialize in SBA loans and know how to work with entrepreneurs. Community Bank & Trust Company is one such bank, as evidenced by this SBA loan to Metal Building Industries ..

Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, Metal Building Industries . received funding from Community Bank & Trust Company Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

METAL BUILDING INDUSTRIES .
5711 W. SKELLY DRIVE
TULSA, OK 74107

SBA Loan Lender

COMMUNITY BANK & TRUST COMPANY
8908 S YALE, STE 100-91ST
TULSA, OK 74105

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423510 - Metal Service Centers and Other Metal Merchant Wholesalers

Loan Approval Date

11/2/2005

Loan Approval Gross Amount

$88,388

Loan Approval from the SBA

Of the total $88,388 loan amount, the SBA guaranteed $75,130.

More Information on This SBA Loan

The borrower, Metal Building Industries ., borrowed this money for an existing 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 4 employees. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 Metal Building Industries . did when it applied for and received this $88,388 loan. Remember, things become real when you believe you can achieve them!

About This SBA Loan Information:

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

Related Links:

Alternative Financing

SBA Banks in Tulsa, Oklahoma

Oklahoma SBA Bank Lenders

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.