SBA Loan from First Commercial Bank Helps Furniture Stores Company

First Commercial Bank has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.

This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Commercial Bank, out of Oklahoma City, Oklahoma. The loan was granted and they received $136,968 to help grow their Oklahoma City, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
OKLAHOMA CITY, OK 73108

SBA Loan Lender

FIRST COMMERCIAL BANK
7308 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/24/2001

Loan Approval Gross Amount

$136,968

Loan Approval from the SBA

Of the total $136,968 loan amount, the SBA guaranteed $102,726.

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 7 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding 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.

We can help you find the best banks for small businesses in Oklahoma City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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SBA Loan from First Commercial Bank Helps Furniture Stores Company