Get an SBA Loan for Offices of Certified Public Accountants
Looking for small business loans for offices of certified public accountants? Talk to a banker who works with the SBA. This $152,000 offices of certified public accountants loan was issued by a New Jersey bank.
Mr Tax knew how to go about getting a business bank loan. Based in Tulsa, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Cit Small Business Lending Corp, based in Livingston, New Jersey.
SBA Loan Borrower
MR TAX
6012 S MEMORIAL DRIVE
TULSA, OK 74145
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541211 - Offices of Certified Public Accountants
Loan Approval Date
12/14/2005
Loan Approval Gross Amount
$152,000
Loan Approval from the SBA
Of the total $152,000 loan amount, the SBA guaranteed $114,000.
More Information on This SBA Loan
The borrower, Mr Tax, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 2 new jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Mr Tax shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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