Enid, Oklahoma Bank Lends Money to Support Activities For Oil And Gas Operations Company in Ames, Oklahoma

Get to know Enid, Oklahoma banks that specialize in small business loans and know how to work with entrepreneurs. Central National Bank & Trust - Enid is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Ames, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Central National Bank & Trust - Enid. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR OIL AND GAS OPERATIONS
AMES, OK 73718

SBA Loan Lender

CENTRAL NATIONAL BANK & TRUST - ENID
324 W BROADWAY
ENID, OK 73701

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

213112 - Support Activities for Oil and Gas Operations

Loan Approval Date

2/25/2008

Loan Approval Gross Amount

$6,100

Loan Approval from the SBA

Of the total $6,100 loan amount, the SBA guaranteed $3,050.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Central National Bank & Trust - Enid that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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