Oklahoma City, Oklahoma Lender Lends Money to Truck Trailers Company
Get to know Oklahoma City, Oklahoma banks that specialize in SBA loans and know how to work with entrepreneurs. First Commercial Bank 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 firm received funding from First Commercial Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: TRUCK TRAILERS
OKLAHOMA CITY, OK 73119
SBA Loan Lender
FIRST COMMERCIAL BANK
7308 NW EXPRESSWAY
OKLAHOMA CITY, OK 73132
This bank 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.
SIC Code
3715 - Truck Trailers
NAICS Code
336212 - Truck Trailer Manufacturing
Loan Approval Date
9/25/2000
Loan Approval Gross Amount
$215,000
Loan Approval from the SBA
Of the total $215,000 loan amount, the SBA guaranteed $161,250.
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 8 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Commercial Bank and they will explain how you can get an SBA loan for your company.
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.
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