Bartlesville, Oklahoma Entrepreneur Gets a Business Loan

Looking to get an Oklahoma business loan? This Oklahoma entrepreneur got a business loan, provided by an Oklahoma bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Bartlesville, Oklahoma by studying this loan to a local business, made back in 2007. Banks like Onb Bank And Trust Company may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: SCHOOLS AND INSTRUCTION
BARTLESVILLE, OK 74003

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

8/9/2007

Loan Approval Gross Amount

$53,900

Loan Approval from the SBA

Of the total $53,900 loan amount, the SBA guaranteed $45,815.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Onb Bank And Trust Company had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Onb Bank And Trust Company made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

504 Loans

Find an SBA Lender in Tulsa, Oklahoma

Where to Get an SBA Loan Oklahoma