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December 22, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Bancfirst Oklahoma City Business Loans > Household Textile Product Mills Loan | ||||
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Banks Doing SBA Loans in Oklahoma
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Oklahoma City, Oklahoma Lender Lends Money to Household Textile Product Mills CompanyGet to know Oklahoma City, Oklahoma banks that specialize in SBA loans and know how to work with entrepreneurs. Bancfirst is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Oklahoma City, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bancfirst. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: HOUSEHOLD TEXTILE PRODUCT MILLS SBA Loan Lender BANCFIRST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 314129 - Household Textile Product Mills Loan Approval Date 2/10/2006 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Banks in Oklahoma City, Oklahoma
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