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December 21, 2024  
 
 
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I Need a Small Business Loan in Oklahoma City, Oklahoma

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Food Service Contractors

Looking for SBA loans for food service contractors? Talk to a banker who works with the SBA. This $63,300 food service contractors loan was issued by an Oklahoma bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Midfirst Bank, out of Oklahoma City, Oklahoma. The loan was granted and they received $63,300 to help grow their Oklahoma City, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: FOOD SERVICE CONTRACTORS
OKLAHOMA CITY, OK 73108

SBA Loan Lender

MIDFIRST BANK
2225 N MAY AVE
OKLAHOMA CITY, OK 73107

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722310 - Food Service Contractors

Loan Approval Date

1/24/2001

Loan Approval Gross Amount

$63,300

Loan Approval from the SBA

Of the total $63,300 loan amount, the SBA guaranteed $53,805.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Accountant's Role in Securing Financing

SBA Participating Banks in Oklahoma City, Oklahoma

Getting a Business Loan in Oklahoma