Where to Get Capital for Commercial Printing

With these small business loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $135,000 was given to an Oklahoma entrepreneur in 2006.

Getting a small business loan in Ponca City, Oklahoma was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from The Eastman National Bank, operating out of Newkirk, Oklahoma. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
PONCA CITY, OK 74601

SBA Loan Lender

THE EASTMAN NATIONAL BANK
102 S MAIN
NEWKIRK, OK 74647

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

3/20/2006

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

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 3 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Ponca City OK, you ought to talk with a local Ponca City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ponca City businesses.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

How Equity Dilution Works

SBA Participating Banks in Newkirk, Oklahoma

Getting an SBA Loan in Oklahoma