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November 14, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Onb Bank And Trust Company Tulsa Business Loans > Photography Studios, Portrait Loan | ||||
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Jenks SBA Loans
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Company Gets an Oklahoma Small Business LoanLooking to get an Oklahoma SBA loan? This Oklahoma entrepreneur got an SBA loan, provided by an Oklahoma bank that works with the SBA to help small business owners. By giving the right information to Onb Bank And Trust Company, this Jenks, Oklahoma business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT SBA Loan Lender ONB BANK AND TRUST COMPANY This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541921 - Photography Studios, Portrait Loan Approval Date 9/28/2006 Loan Approval Gross Amount $54,400 Loan Approval from the SBA Of the total $54,400 loan amount, the SBA guaranteed $46,240. 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 retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Onb Bank And Trust Company had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Onb Bank And Trust Company made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: The Friends and Family Network SBA 7A Banks for Tulsa, Oklahoma Loans
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