Women's Clothing Stores Commercial Loans

With these commercial loans for women's clothing stores, the SBA guarantees the lender that the loan will be repaid. This women's clothing stores loan for $74,400 was given to an Oklahoma entrepreneur in 2003.

Getting a small business loan in Tulsa, Oklahoma was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Anb Finan, operating out of Springdale, Arkansas. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
TULSA, OK 74133

SBA Loan Lender

ANB FINAN
3942 ELM SPRINGS RD
SPRINGDALE, AR 72762

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448120 - Women's Clothing Stores

Loan Approval Date

10/29/2003

Loan Approval Gross Amount

$74,400

Loan Approval from the SBA

Of the total $74,400 loan amount, the SBA guaranteed $63,240.

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 4 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

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

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $74,400 loan. Remember, anyone can do it... so why not you?

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:

Advice on Getting a Small Business Loan

Find an SBA Lender in Springdale, Arkansas

Arkansas SBA 7A Lenders