Financing for Tire Dealers
Looking for commercial loans for tire dealers? An SBA loan may be just what you've been looking for. This $225,000 tire dealers loan was issued by an Oklahoma bank.
This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Rcb Bank, out of Claremore, Oklahoma. The loan was granted and they received $225,000 to help grow their Ponca City, Oklahoma business.
SBA Loan Borrower
COMPANY TYPE: TIRE DEALERS
PONCA CITY, OK 74601
SBA Loan Lender
RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
441320 - Tire Dealers
Loan Approval Date
5/26/2005
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $112,500.
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 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Ponca City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Determining Proper Capital Structure for a Business
Find an SBA Lender in Claremore, Oklahoma
SBA Oklahoma Lenders