Clothing Stores Bank Loans
With these bank loans for clothing stores, the SBA guarantees the lender that the loan will be repaid. This clothing stores loan for $10,000 was given to an Oklahoma entrepreneur in 2008.
Getting a small business loan in Tulsa, Oklahoma was important for Opolis Clothing Company, LLC back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of Charlotte, North Carolina. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
Opolis Clothing Company, LLC
5741 S Madison Ave.
TULSA, OK 74105
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
448190 - Other Clothing Stores
Loan Approval Date
2/5/2008
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower, Opolis Clothing Company, LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
We can help you find the best banks for small businesses in Tulsa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Role of Business Plan When Raising Money
SBA Approved Banks in Charlotte, North Carolina
Find an SBA Lender in North Carolina
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