First National Bank & Trust SBA Loan to Paint, Glass, And Wallpaper Stores Company
Looking to get an Oklahoma business loan? Here's one Oklahoma business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Shawnee, Oklahoma, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was First National Bank & Trust, based in Shawnee, Oklahoma.
SBA Loan Borrower
COMPANY TYPE: PAINT, GLASS, AND WALLPAPER STORES
SHAWNEE, OK 74801
SBA Loan Lender
FIRST NATIONAL BANK & TRUST
130 E MACARTHUR
SHAWNEE, OK 74804
This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a thorough understanding of SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5231 - Paint, Glass, and Wallpaper Stores
Loan Approval Date
9/13/2000
Loan Approval Gross Amount
$177,000
Loan Approval from the SBA
Of the total $177,000 loan amount, the SBA guaranteed $132,750.
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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Shawnee 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:
Obtaining Funding - How to Decide How Much to Raise
Small Business Banks in Shawnee, Oklahoma
SBA Oklahoma Lenders