Oklahoma Small Business Loan Issued to Fine Arts Schools Company
Looking to get an Oklahoma bank loan? This Oklahoma entrepreneur got a bank loan, provided by a Florida bank that works with the SBA to help small business owners.
Getting a small business loan in Tahlequah, Oklahoma was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: FINE ARTS SCHOOLS
Tahlequah, OK 74464
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.
NAICS Code
611610 - Fine Arts Schools
Loan Approval Date
6/2/2006
Loan Approval Gross Amount
$13,000
Loan Approval from the SBA
Of the total $13,000 loan amount, the SBA guaranteed $11,050.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $13,000. How would you spend $13,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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 - Friends and Family
SBA Approved Banks in Panama City Beach, Florida
Getting a Business Loan in Florida