Small Business Loans for General Rental Centers

With these small business loans for general rental centers, the SBA guarantees the lender that the loan will be repaid. This general rental centers loan for $91,600 was given to an Oklahoma entrepreneur in 2000.

This company knew how to go about getting a business bank loan. Based in Enid, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank - Oklahoma, based in Oklahoma City, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: GENERAL RENTAL CENTERS
ENID, OK 73701

SBA Loan Lender

BANK - OKLAHOMA
7701 S WESTERN
OKLAHOMA CITY, OK 73139

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532310 - General Rental Centers

Loan Approval Date

12/8/2000

Loan Approval Gross Amount

$91,600

Loan Approval from the SBA

Of the total $91,600 loan amount, the SBA guaranteed $73,280.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank - Oklahoma are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.

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