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December 22, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Guthrie, Business Loans > Oklahoma State Bank Guthrie Business Loans > Store Retailers Loan | ||||
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Oklahoma State Bank Small Business Loan
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Small Business Loans for Store RetailersLooking for small business loans for store retailers? The SBA may be the answer. This $40,000 store retailers loan was issued by an Oklahoma bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Oklahoma State Bank, out of Guthrie, Oklahoma. The loan was granted and they received $40,000 to help grow their Langston, Oklahoma business. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender OKLAHOMA STATE BANK 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 453998 - Store Retailers Loan Approval Date 3/28/2005 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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. Related Links: Obtaining Funding - Friends and Family Small Bank Loans in Guthrie, Oklahoma
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