Tulsa, Oklahoma Lender Lends Money to Clothing Accessories Stores Company

Get to know Tulsa, Oklahoma banks that specialize in SBA loans and know how to work with entrepreneurs. American Bank And Trust Co. is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from American Bank And Trust Co.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CLOTHING ACCESSORIES STORES
TULSA, OK 74133

SBA Loan Lender

AMERICAN BANK AND TRUST CO.
6100 S YALE AVE
TULSA, OK 74136

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448150 - Clothing Accessories Stores

Loan Approval Date

5/5/2003

Loan Approval Gross Amount

$202,200

Loan Approval from the SBA

Of the total $202,200 loan amount, the SBA guaranteed $151,650.

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 8 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Tulsa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Small Bank Loans in Tulsa, Oklahoma

SBA Lenders in Oklahoma