Financing for Mattress Manufacturing
Looking for loans for mattress manufacturing? Try the SBA. This $346,000 mattress manufacturing loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oklahoma City, Oklahoma was able to borrow $346,000 from Bancfirst. The SBA made the loan possible by guaranteeing $259,500 of this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: MATTRESS MANUFACTURING
OKLAHOMA CITY, OK 73108
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This commercial loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
337910 - Mattress Manufacturing
Loan Approval Date
7/1/2003
Loan Approval Gross Amount
$346,000
Loan Approval from the SBA
Of the total $346,000 loan amount, the SBA guaranteed $259,500.
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 6 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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.
Related Links:
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Best Banks for Small Business in Oklahoma City, Oklahoma
Oklahoma SBA Bank Lenders