Fresh Fruit and Vegetable Wholesalers Small Business Loans

Looking for small business loans for fresh fruit and vegetable wholesalers? Talk to a banker who works with the SBA. This $50,000 fresh fruit and vegetable wholesalers loan was issued by an Oklahoma bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bancfirst Invest Corp, out of Oklahoma City, Oklahoma. The loan was granted and they received $50,000 to help grow their Oklahoma City, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: FRESH FRUITS AND VEGETABLES
OKLAHOMA CITY, OK 73109

SBA Loan Lender

BANCFIRST INVEST CORP
101 N BROADWAY STE 200
OKLAHOMA CITY, OK 73102

This lender issued this particular SBA 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.

SIC Code

5148 - Fresh Fruits and Vegetables

NAICS Code

422480 - Fresh Fruit and Vegetable Wholesalers

Loan Approval Date

6/26/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $40,000.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Equity Financing

SBA 7A Banks for Oklahoma City, Oklahoma Loans

Oklahoma SBA Banks