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December 22, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Guthrie, Business Loans > Oklahoma State Bank Guthrie Business Loans > Florists Loan | ||||
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SBA Lenders for Crescent, Oklahoma Small Business Owners
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Local Business Gets an Oklahoma Bank LoanBusiness loans in Oklahoma are are few and far betweeen these days. We take a look at one Oklahoma business loan, provided by an Oklahoma bank, that was approved by the SBA. This small business, based in Crescent, Oklahoma, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Oklahoma State Bank. We've got the inside scoop on this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender OKLAHOMA STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 2/27/2007 Loan Approval Gross Amount $83,000 Loan Approval from the SBA Of the total $83,000 loan amount, the SBA guaranteed $70,550. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Bank Loans in Guthrie, Oklahoma
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