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December 22, 2024  
 
 
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How to Get Commercial Loans in Stillwater, Oklahoma

 

 
Loan Census SBA Loan Info

Firm Gets an Oklahoma SBA Loan

OklahomaSmall business loans are available to Oklahoma small business owners through the SBA. In this case, an Oklahoma bank provides the loan.

Getting a small business loan in Stillwater, Oklahoma was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from The First National Bank. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
STILLWATER, OK 74075

SBA Loan Lender

THE FIRST NATIONAL BANK
601 HARRISON
PAWNEE, OK 74058

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

233310 - Manufacturing and Industrial Building Construction

Loan Approval Date

12/26/2000

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $86,250.

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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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