Nursing Care Facilities Commercial Loans
Looking for commercial loans for nursing care facilities? The SBA may be the answer. This $600,000 nursing care facilities loan was issued by an Oklahoma bank.
Getting a small business loan in Edmond, Oklahoma was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Onb Bank And Trust Company, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: NURSING CARE FACILITIES
EDMOND, OK 73003
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
623110 - Nursing Care Facilities
Loan Approval Date
3/30/2006
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $450,000.
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 80 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you need money to start business 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.
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 $600,000 loan. Remember, feel the fear, and do it anyway.
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:
Raising VC Money for Social Networking Companies
SBA Approved Banks in Tulsa, Oklahoma
Oklahoma SBA 7A Banks