Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Small Business Banks in Oklahoma

 

 
Loan Census SBA Loan Info

Commercial Loans for Certified Public Accountants

Looking for commercial loans for certified public accountants? An SBA loan may be just what you've been looking for. This $150,000 certified public accountants loan was issued by an Oklahoma bank.

This business knew how to go about getting a business bank loan. Based in Altus, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First State Bank Of Altus, based in Altus, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
ALTUS, OK 73521

SBA Loan Lender

FIRST STATE BANK OF ALTUS
721 N MAIN ST
ALTUS, OK 73521

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

541211 - Certified Public Accountants

Loan Approval Date

6/15/2001

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. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees 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.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Attracting Investors

SBA Approved Banks in Altus, Oklahoma

Oklahoma SBA 7A Lenders