Onb Bank And Trust Company SBA Loan to Measuring And Controlling Devices Company
Looking to get an Oklahoma business loan? Here's one Oklahoma business loan that was approved by the SBA.
This small business needed an SBA business loan in Tulsa, Oklahoma back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Onb Bank And Trust Company, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: MEASURING AND CONTROLLING DEVICES
TULSA, OK 74146
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3829 - Measuring and Controlling Devices
Loan Approval Date
9/27/2000
Loan Approval Gross Amount
$340,000
Loan Approval from the SBA
Of the total $340,000 loan amount, the SBA guaranteed $306,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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