Nbanc SBA Loan to Sunglow And Signs Today
Nbanc is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Oklahoma entrepreneur who tapped into the power of SBA loans.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $200,000 from Nbanc. The SBA made the loan possible by guaranteeing $150,000 of this Oklahoma small business loan.
SBA Loan Borrower
SUNGLOW AND SIGNS TODAY
4433 SOUTH SHERIDAN ROAD
TULSA, OK 74145
SBA Loan Lender
NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136
This commercial loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
4/1/2004
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower, Sunglow And Signs Today, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this Sunglow And Signs Today loan from Nbanc so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
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Find an SBA Lender in Tulsa, Oklahoma
Getting a Business Loan in Oklahoma
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