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December 21, 2024  
 
 
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Raising Money in Oklahoma City, Oklahoma With SBA Loans

 

 
Loan Census SBA Loan Info

Personal and Household Goods Repair and Maintenance Business Loans

Looking for business loans for personal and household goods repair and maintenance? An SBA loan may be just what you've been looking for. This $50,000 personal and household goods repair and maintenance loan was issued by an Oklahoma bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Vision Bank, out of Meeker, Oklahoma. The loan was granted and they received $50,000 to help grow their Oklahoma City, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE
OKLAHOMA CITY, OK 74120

SBA Loan Lender

VISION BANK
409 S DAWSON
MEEKER, OK 74855

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811490 - Personal and Household Goods Repair and Maintenance

Loan Approval Date

10/10/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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:

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Good Banks for Small Business in Meeker, Oklahoma

Oklahoma SBA 7A Banks