Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Tips for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Diagnostic Imaging Centers Small Business Loans

Looking for small business loans for diagnostic imaging centers? Talk to a banker who works with the SBA. This $95,000 diagnostic imaging centers loan was issued by an Oklahoma bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank - Muskogee, out of Muskogee, Oklahoma. The loan was granted and they received $95,000 to help grow their Muskogee, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: DIAGNOSTIC IMAGING CENTERS
MUSKOGEE, OK 74403

SBA Loan Lender

FIRST NATIONAL BANK - MUSKOGEE
510 N MAIN ST
MUSKOGEE, OK 74401

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621512 - Diagnostic Imaging Centers

Loan Approval Date

5/26/2004

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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 3 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank - Muskogee and they will explain how you can get an SBA loan for your company.

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 - How to Decide How Much to Raise

SBA 7A Banks for Muskogee, Oklahoma Loans

Oklahoma SBA Banks