Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Examples of Tulsa SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Sheet Metal Work Manufacturing

Looking for small business loans for sheet metal work manufacturing? An SBA loan may be just what you've been looking for. This $150,000 sheet metal work manufacturing loan was issued by an Oklahoma bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Onb Bank And Trust Company, out of Tulsa, Oklahoma. The loan was granted and they received $150,000 to help grow their Tulsa, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
TULSA, OK 74120

SBA Loan Lender

ONB BANK AND TRUST COMPANY
9004 EAST 61ST ST, SOUTH
TULSA, OK 74133

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

6/27/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 8 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Tulsa OK, you ought to talk with a local Tulsa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulsa businesses.

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 Onb Bank And Trust Company 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:

A Company That Helps Entrepreneurs

Find an SBA Lender in Tulsa, Oklahoma

Oklahoma SBA 7A Lenders