Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

How Hard Is It to Get a Small Business Loan in Davis, Oklahoma?

 

 
Loan Census SBA Loan Info

Amusement and Recreation Industries SBA Loans

Looking for SBA loans for amusement and recreation industries? Talk to a banker who works with the SBA. This $176,250 amusement and recreation industries loan was issued by an Oklahoma bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with 1st National Bank - Davis, out of Davis, Oklahoma. The loan was granted and they received $176,250 to help grow their Davis, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
DAVIS, OK 73030

SBA Loan Lender

1ST NATIONAL BANK - DAVIS
227 E MAIN ST
DAVIS, OK 73030

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

4/3/2003

Loan Approval Gross Amount

$176,250

Loan Approval from the SBA

Of the total $176,250 loan amount, the SBA guaranteed $132,188.

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 did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $176,250 loan. Remember, you control your own destiny.

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:

Bank Credit Lines

Small Business Banks in Davis, Oklahoma

Find an SBA Lender in Oklahoma