Davis, Oklahoma Entrepreneur Gets a Bank Loan

Looking to get an Oklahoma small business loan? This Oklahoma entrepreneur got a small 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 Davis, Oklahoma by studying this loan to a local company, made back in 2001. Banks like 1st National Bank - Davis may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
DAVIS, OK 73030

SBA Loan Lender

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

This SBA small business 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

722110 - Full-Service Restaurants

Loan Approval Date

9/19/2001

Loan Approval Gross Amount

$521,000

Loan Approval from the SBA

Of the total $521,000 loan amount, the SBA guaranteed $390,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 8 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your 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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st National Bank - Davis and they will explain how you can get an SBA loan for your company.

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:

Business Cash Advances

Small Bank Loans in Davis, Oklahoma

Oklahoma SBA 7A Lenders