Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Mooreland, Oklahoma Bank Loan

 

 
Loan Census SBA Loan Info

Rcb Bank Gives SBA Loan to Newspaper Company

OklahomaBusiness loans are available to Oklahoma business owners through the SBA. In this case, an Oklahoma bank provides the loan.

You can learn something about getting a small business loan in Mooreland, Oklahoma by studying this loan to a local business, made back in 2004. Banks like Rcb Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER
MOORELAND, OK 73852

SBA Loan Lender

RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2711 - Newspaper

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

4/26/2004

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 16 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rcb Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

504 Loans

SBA Approved Banks in Claremore, Oklahoma

Getting an SBA Loan in Oklahoma