Raising Money for Office Equipment Merchant Wholesalers

Looking for bank loans for office equipment merchant wholesalers? The SBA may be the answer. This $316,500 office equipment merchant wholesalers 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 $316,500 from Bank - Oklahoma. The SBA made the loan possible by guaranteeing $237,375 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE EQUIPMENT
OKLAHOMA CITY, OK 73104

SBA Loan Lender

BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172

This bank loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5044 - Office Equipment

NAICS Code

423420 - Office Equipment Merchant Wholesalers

Loan Approval Date

11/5/2003

Loan Approval Gross Amount

$316,500

Loan Approval from the SBA

Of the total $316,500 loan amount, the SBA guaranteed $237,375.

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 32 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source

While you may be able to borrow money from friends and family, 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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SBA 7A Banks for Tulsa, Oklahoma Loans

Oklahoma SBA Banks