Charlotte, North Carolina Bank Lends Money to Randy Sutorus Dba Tulsa Lawnsc in Tulsa, Oklahoma

A Charlotte, North Carolina SBA loan can be yours. Learn how Randy Sutorus Dba Tulsa Lawnsc got a $10,000 business loan from this North Carolina bank.

This loan to Randy Sutorus Dba Tulsa Lawnsc is a good example of an SBA loan. Bank Of America made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

Randy Sutorus dba Tulsa Lawnsc
12127 E. 29th Ct
TULSA, OK 74129

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

561730 - Landscaping Services

Loan Approval Date

11/16/2004

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, Randy Sutorus Dba Tulsa Lawnsc, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 3/21/2008.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Randy Sutorus Dba Tulsa Lawnsc needed a loan. Bank Of America probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of America made the loan. The end result was that Randy Sutorus Dba Tulsa Lawnsc was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

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

Related Links:

Attracting Investors

SBA Banks in Charlotte, North Carolina

SBA North Carolina Banks

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.