Oklahoma Business Loan Issued to Limited-Service Restaurants Company
OklahomaBusiness loans are available to Oklahoma business owners through the SBA. In this case, a North Carolina bank provides the loan.
Getting a small business loan in Sand Springs, Oklahoma was a top priority for this SBA-financed company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
SAND SPRINGS, OK 74063
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
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
722211 - Limited-Service Restaurants
Loan Approval Date
8/29/2006
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need business start up money in Sand Springs OK, you ought to talk with a local Sand Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sand Springs businesses.
We can help you find the best banks for small businesses in Sand Springs 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:
Debt Financing
SBA 7A Lenders in Charlotte, North Carolina
SBA North Carolina Banks