Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Oklahoma Bank SBA Loans

 

 
Loan Census SBA Loan Info

Albright Title & Trust SBA Loan to Special Warehousing And Storage Company

Looking to get an Oklahoma SBA loan? Here's one Oklahoma business loan that was approved by the SBA.

This small business needed an SBA business loan in Tulsa, Oklahoma back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Albright Title & Trust, operating out of Newkirk, Oklahoma. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIAL WAREHOUSING AND STORAGE
TULSA, OK 74105

SBA Loan Lender

ALBRIGHT TITLE & TRUST
100 N MAIN
NEWKIRK, OK 74647

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4226 - Special Warehousing and Storage

Loan Approval Date

4/17/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

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 5 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Small Business Credit Cards

SBA 7A Banks in Newkirk, Oklahoma

SBA Oklahoma Banks