Spiritbank SBA Loan to Apparel And Accessory Stores Company
An SBA loan from Spiritbank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Oklahoma City, Oklahoma business owner got a $92,700 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oklahoma City, Oklahoma was able to borrow $92,700 from Spiritbank. The SBA made the loan possible by guaranteeing $74,160 of this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: APPAREL AND ACCESSORY STORES
OKLAHOMA CITY, OK 73149
SBA Loan Lender
SPIRITBANK
4815 S HARVARD
TULSA, OK 74135
This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and a deep knowledge SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5699 - Apparel and Accessory Stores
Loan Approval Date
10/24/2000
Loan Approval Gross Amount
$92,700
Loan Approval from the SBA
Of the total $92,700 loan amount, the SBA guaranteed $74,160.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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