Getting an SBA Loan for Professional, Scientific, and Technical Services
Looking for commercial loans for professional, scientific, and technical services? The SBA may be the answer. This $260,500 professional, scientific, and technical services loan was issued by an Oklahoma bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank - Oklahoma, out of Tulsa, Oklahoma. The loan was granted and they received $260,500 to help grow their Oklahoma City, Oklahoma business.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICES
OKLAHOMA CITY, OK 73120
SBA Loan Lender
BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172
At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to give fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7389 - Business Services
NAICS Code
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
9/28/2001
Loan Approval Gross Amount
$260,500
Loan Approval from the SBA
Of the total $260,500 loan amount, the SBA guaranteed $195,375.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 9 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
Related Links:
Accountant's Role in Securing Financing
Small Bank Loans in Tulsa, Oklahoma
Getting a Business Loan in Oklahoma