Where to Get Capital for Home Health Equipment Rental

Looking for small business loans for home health equipment rental? An SBA loan may be just what you've been looking for. This $411,000 home health equipment rental loan was issued by an Oklahoma bank.

This company knew how to go about getting a business bank loan. Based in Oklahoma City, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Coppermark Bank, based in Oklahoma City, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL
OKLAHOMA CITY, OK 73107

SBA Loan Lender

COPPERMARK BANK
3333 NW EXPRESSWAY
OKLAHOMA CITY, OK 73112

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532291 - Home Health Equipment Rental

Loan Approval Date

5/14/2004

Loan Approval Gross Amount

$411,000

Loan Approval from the SBA

Of the total $411,000 loan amount, the SBA guaranteed $308,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 60 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Oklahoma City OK, you ought to talk with a local Oklahoma City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oklahoma City businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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