Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

SBA Lender Oklahoma City

 

 
Loan Census SBA Loan Info

SBA Loan from Weokie Cu Helps Landscaping Services Company

Weokie Cu 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 knew how to go about getting a business bank loan. Based in Oklahoma City, Oklahoma, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Weokie Cu, based in Oklahoma City, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
OKLAHOMA CITY, OK 73120

SBA Loan Lender

WEOKIE CU
8100 W RENO
OKLAHOMA CITY, OK 73127

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/18/2005

Loan Approval Gross Amount

$480,000

Loan Approval from the SBA

Of the total $480,000 loan amount, the SBA guaranteed $360,000.

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 10 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Borrowing Money from Friends and Family

Find an SBA Lender in Oklahoma City, Oklahoma

Where to Get an SBA Loan Oklahoma