Regent Bank & Trust National As SBA Loan to Farm Supplies Company

Searching for an Oklahoma small business loan? Here's one Oklahoma business loan that was approved by the SBA.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South Coffeyville, Oklahoma was able to borrow $20,000 from Regent Bank & Trust National As. The SBA made the loan possible by guaranteeing $16,000 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: FARM SUPPLIES
SOUTH COFFEYVILLE, OK 74072

SBA Loan Lender

REGENT BANK & TRUST NATIONAL AS
105 N MAPLE ST
NOWATA, OK 74048

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5191 - Farm Supplies

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $16,000.

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 2 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Regent Bank & Trust National As and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Alternative Financing

Where to Get an SBA Loan in Nowata, Oklahoma

SBA Oklahoma Lenders