Oklahoma Small Business Loan Issued to Meat Markets Company
OklahomaBank loans are available to Oklahoma firms through the SBA. In this case, an Oklahoma bank provides the loan.
You can learn something about getting a small business loan in Pryor, Oklahoma by studying this loan to a local company, made back in 2001. Banks like 1st National Bank & Trust - Vinita may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: MEAT MARKETS
PRYOR, OK 74361
SBA Loan Lender
1ST NATIONAL BANK & TRUST - VINITA
102 W ILLINOIS
VINITA, OK 74301
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445210 - Meat Markets
Loan Approval Date
12/7/2001
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
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 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
The Friends and Family Network
SBA 7A Lenders in Vinita, Oklahoma
Oklahoma SBA 7A Banks