Loans for Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing

Looking for loans for industrial truck, tractor, trailer, and stacker machinery manufacturing? The SBA may be the answer. This $275,000 industrial truck, tractor, trailer, and stacker machinery manufacturing loan was issued by a Kansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Shawnee, Oklahoma was able to borrow $275,000 from Arvest Bank. The SBA made the loan possible by guaranteeing $206,250 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL TRUCK, TRACTOR, TRAILER, AND STACKER MACHINERY MANUFACTURING
SHAWNEE, OK 74801

SBA Loan Lender

ARVEST BANK
301 W 4TH AVE
CANEY, KS 67333

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333924 - Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing

Loan Approval Date

8/26/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Arvest Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Banks in Caney, Kansas

Kansas SBA Bank Lenders