SBA Loan from The Citizens Bank Of Edmond Helps Residential Remodelers Company
An SBA loan from The Citizens Bank Of Edmond typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Edmond, Oklahoma business owner got a $10,000 loan.
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: RESIDENTIAL REMODELERS
EDMOND, OK 73034
SBA Loan Lender
THE CITIZENS BANK OF EDMOND
ONE E FIRST ST
EDMOND, OK 73034
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
236118 - Residential Remodelers
Loan Approval Date
11/7/2003
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
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For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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