Financing for Human Resources Consulting Services

With these commercial loans for human resources consulting services, the SBA guarantees the lender that the loan will be repaid. This human resources consulting services loan for $151,800 was given to an Oklahoma entrepreneur in 2008.

Getting a small business loan in Jenks, Oklahoma was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: HUMAN RESOURCES CONSULTING SERVICES
Jenks, OK 74037

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541612 - Human Resources Consulting Services

Loan Approval Date

1/31/2008

Loan Approval Gross Amount

$151,800

Loan Approval from the SBA

Of the total $151,800 loan amount, the SBA guaranteed $113,850.

More Information on This SBA Loan

The borrower 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 application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 this company did when it applied for and received this $151,800 loan. Remember, things become real when you believe you can achieve them!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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