Livingston, New Jersey Bank Gives SBA Loan to Scsm LLC & Global Financial Mg

Want to talk with a Livingston, New Jersey bank about a business loan? Here's one Oklahoma business loan, issued by a Livingston bank, that was approved by the SBA.

Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at Scsm LLC & Global Financial Mg in Tulsa, Oklahoma. They received an SBA loan for $1,176,000. Way to go!

SBA Loan Borrower

SCSM LLC & GLOBAL FINANCIAL MG
LOT 9 1/2 LOT 10 BLOCK 1 TAL
TULSA, OK 74133

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

523930 - Investment Advice

Loan Approval Date

9/23/2004

Loan Approval Gross Amount

$1,176,000

Loan Approval from the SBA

Of the total $1,176,000 loan amount, the SBA guaranteed $882,000.

More Information on This SBA Loan

The borrower, Scsm LLC & Global Financial Mg, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

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 Scsm LLC & Global Financial Mg did when it applied for and received this $1,176,000 loan. Remember, fight for what you want, and it will be yours!

About This SBA Loan Information:

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

Related Links:

The Art of Bootstrapping

Who Lends Money to Small Businesses in Livingston, New Jersey

Where to Get an SBA Loan New Jersey

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