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November 14, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Nbanc Tulsa Business Loans > Motion Picture Theaters Loan | ||||
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SBA Lenders in Oklahoma
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Motion Picture Theaters Business LoansWith these business loans for motion picture theaters, the SBA guarantees the lender that the loan will be repaid. This motion picture theaters loan for $75,000 was given to an Oklahoma entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Altus, Oklahoma was able to borrow $75,000 from Nbanc. The SBA made the loan possible by guaranteeing $63,750 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: MOTION PICTURE THEATERS SBA Loan Lender NBANC This lender issued this particular bank loan 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 512131 - Motion Picture Theaters Loan Approval Date 3/4/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 3 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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:
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