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November 15, 2024  
 
 
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Oklahoma Bank SBA Loans

 

 
Loan Census SBA Loan Info

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