Business Loan from The Citizens Bank Of Edmond Given to Commercial Equipment Merchant Wholesalers Company

The Citizens Bank Of Edmond is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Oklahoma entrepreneur who tapped into the power of SBA loans.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Citizens Bank Of Edmond, out of Edmond, Oklahoma. The loan was granted and they received $20,000 to help grow their Edmond, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL EQUIPMENT MERCHANT WHOLESALERS
EDMOND, OK 73003

SBA Loan Lender

THE CITIZENS BANK OF EDMOND
ONE E FIRST ST
EDMOND, OK 73034

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423440 - Commercial Equipment Merchant Wholesalers

Loan Approval Date

4/12/2004

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Edmond OK, you ought to talk with a local Edmond SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Edmond businesses.

We can help you find the best banks for small businesses in Edmond or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 Business Loan

Best Edmond, Oklahoma Banks for Small Business

SBA Oklahoma Lenders