Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Chickasha Bank Loan

 

 
Loan Census SBA Loan Info

Chickasha, Oklahoma Bank Lends Money to Optometrists Company in Tuttle, Oklahoma

A Chickasha, Oklahoma small business loan can be yours. Learn how a company got a $404,360 business loan from this Oklahoma bank.

This loan to a local firm is a good example of an SBA loan. Chickasha Bank & Trust Company made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
TUTTLE, OK 73069

SBA Loan Lender

CHICKASHA BANK & TRUST COMPANY
1924 S 4TH ST
CHICKASHA, OK 73018

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

9/12/2006

Loan Approval Gross Amount

$404,360

Loan Approval from the SBA

Of the total $404,360 loan amount, the SBA guaranteed $303,270.

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 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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.

Related Links:

Family and Friend Investors - Your First Financiers

Where to Get an SBA Loan in Chickasha, Oklahoma

SBA Participating Banks in Oklahoma