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November 15, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Edmond, Business Loans > The Citizens Bank Of Edmond Edmond Business Loans > Lawyers Loan | ||||
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Edmond, Oklahoma Bank Loan
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Get an SBA Loan for LawyersLooking for bank loans for lawyers? Talk to a banker who works with the SBA. This $10,000 lawyers loan was issued by an Oklahoma bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with The Citizens Bank Of Edmond, out of Edmond, Oklahoma. The loan was granted and they received $10,000 to help grow their Edmond, Oklahoma business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender THE CITIZENS BANK OF EDMOND This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 541110 - Lawyers Loan Approval Date 10/22/2003 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $10,000. How would you spend $10,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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