Pauls Valley National Bank SBA Loan to Repair Shops And Related Services Company

Looking to get an Oklahoma SBA loan? Here's one Oklahoma business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Pauls Valley, Oklahoma, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Pauls Valley National Bank, based in Pauls Valley, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
PAULS VALLEY, OK 73075

SBA Loan Lender

PAULS VALLEY NATIONAL BANK
101 W PAUL AVE
PAULS VALLEY, OK 73075

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7699 - Repair Shops and Related Services

Loan Approval Date

4/27/2000

Loan Approval Gross Amount

$79,500

Loan Approval from the SBA

Of the total $79,500 loan amount, the SBA guaranteed $63,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pauls Valley National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Obtaining Funding - Getting Venture Capital

Find an SBA Lender in Pauls Valley, Oklahoma

Getting an SBA Loan in Oklahoma