Getting an SBA Loan for Measuring and Dispensing Pump Manufacturing

With these commercial loans for measuring and dispensing pump manufacturing, the SBA guarantees the lender that the loan will be repaid. This measuring and dispensing pump manufacturing loan for $825,000 was given to an Oklahoma entrepreneur in 2007.

Getting a small business loan in Claremore, Oklahoma was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Benefit Bank, operating out of Fort Smith, Arkansas. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: MEASURING AND DISPENSING PUMP MANUFACTURING
CLAREMORE, OK 74019

SBA Loan Lender

BENEFIT BANK
8300 PHOENIX AVE
FORT SMITH, AR 72903

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333913 - Measuring and Dispensing Pump Manufacturing

Loan Approval Date

11/1/2007

Loan Approval Gross Amount

$825,000

Loan Approval from the SBA

Of the total $825,000 loan amount, the SBA guaranteed $618,750.

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 10 employees. The loan application indicated that the loan would help generate 10 new jobs.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Claremore or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Loan

SBA 7A Banks in Fort Smith, Arkansas

Getting an SBA Loan in Arkansas