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December 22, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Crescent, Business Loans > Farmers & Merchants Bank Crescent Business Loans > Meat Processed From Carcasses Loan | ||||
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Farmers & Merchants Bank
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SBA Loan from Farmers & Merchants Bank Helps Meat Processed From Carcasses CompanyFarmers & Merchants Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Oklahoma entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Dover, Oklahoma was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Farmers & Merchants Bank, operating out of Crescent, Oklahoma. Here are the details on this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: MEAT PROCESSED FROM CARCASSES SBA Loan Lender FARMERS & MERCHANTS BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311612 - Meat Processed from Carcasses Loan Approval Date 9/14/2004 Loan Approval Gross Amount $98,316 Loan Approval from the SBA Of the total $98,316 loan amount, the SBA guaranteed $83,569. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need business start up money in Dover OK, you ought to talk with a local Dover SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dover businesses. 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 $98,316 loan. Remember, anyone can do it... so why not 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: Best Banks in Crescent, Oklahoma Getting a Business Loan in Oklahoma
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