Entrepreneur Works With Blackwell, Oklahoma Bank to Get an SBA Loan
Find Blackwell, Oklahoma banks that specialize in business loans and know how to work with entrepreneurs. Home National Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Bartlesville, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Home National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MEAT MARKETS
BARTLESVILLE, OK 74006
SBA Loan Lender
HOME NATIONAL BANK
1350 W DOOLIN
BLACKWELL, OK 74631
The lender provided this SBA bank loan 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
445210 - Meat Markets
Loan Approval Date
6/8/2006
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Obtaining Funding - Friends and Family
Small Business Banks in Blackwell, Oklahoma
SBA Oklahoma Banks