Engineering Services Commercial Loans

With these commercial loans for engineering services, the SBA guarantees the lender that the loan will be repaid. This engineering services loan for $102,300 was given to an Oklahoma entrepreneur in 2001.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Commercial Bank, out of Oklahoma City, Oklahoma. The loan was granted and they received $102,300 to help grow their Oklahoma City, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
OKLAHOMA CITY, OK 73157

SBA Loan Lender

FIRST COMMERCIAL BANK
7308 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

8/24/2001

Loan Approval Gross Amount

$102,300

Loan Approval from the SBA

Of the total $102,300 loan amount, the SBA guaranteed $86,955.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First Commercial Bank 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 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:

Getting a Small Business Loan

SBA Approved Banks in Oklahoma City, Oklahoma

Where to Get an SBA Loan Oklahoma