Loan Census Banking News and Information
January 5, 2025  
 
 
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Oklahoma SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Oklahoma City, Oklahoma Lender Lends Money to Marinas Company

Thinking about meeting with an Oklahoma City, Oklahoma bank about an SBA loan? Here's one Oklahoma business loan, issued by an Oklahoma City bank, that was approved by the SBA.

Applying for an SBA loan with Bancfirst worked out well for our friends at one local business in Cookson, Oklahoma. They got an SBA loan for $80,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: MARINAS
COOKSON, OK 74427

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

This business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713930 - Marinas

Loan Approval Date

6/24/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $60,000.

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 3 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bancfirst are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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 - Getting Venture Capital

Best Oklahoma City, Oklahoma Banks for Small Business

Oklahoma SBA Bank Lenders