Get an SBA Loan for Hosiery and Sock Mills

Looking for small business loans for hosiery and sock mills? Talk to a banker who works with the SBA. This $435,625 hosiery and sock mills 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 2003. The lending bank was First National Bank - Oklahoma, based in Oklahoma City, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: HOSIERY AND SOCK MILLS
OKLAHOMA CITY, OK 73106

SBA Loan Lender

FIRST NATIONAL BANK - OKLAHOMA
5625 N WESTERN AVE
OKLAHOMA CITY, OK 73118

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.

NAICS Code

315119 - Hosiery and Sock Mills

Loan Approval Date

4/29/2003

Loan Approval Gross Amount

$435,625

Loan Approval from the SBA

Of the total $435,625 loan amount, the SBA guaranteed $326,719.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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 $435,625 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:

Business Incubators

SBA Participating Banks in Oklahoma City, Oklahoma

SBA Lenders in Oklahoma