Poteau, Oklahoma Business Gets SBA-Guaranteed Funding from Central National Bank - Poteau

Central National Bank - Poteau has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Poteau, Oklahoma was able to borrow $140,000 from Central National Bank - Poteau. The SBA made the loan possible by guaranteeing $119,000 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: MEAT AND FISH MARKET
POTEAU, OK 74953

SBA Loan Lender

CENTRAL NATIONAL BANK - POTEAU
209 CLAYTON
POTEAU, OK 74953

This lender issued this SBA business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5421 - Meat and Fish Market

NAICS Code

445210 - Meat Markets

Loan Approval Date

8/15/2002

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 5 employees. The loan application did not indicate that the small business 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 Poteau OK, you ought to talk with a local Poteau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Poteau businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Debt Financing

SBA 7A Banks in Poteau, Oklahoma

Oklahoma SBA Banks