Supermarkets and Grocery Stores Business Loans

Looking for business loans for supermarkets and grocery stores? Try the SBA. This $92,500 supermarkets and grocery stores loan was issued by an Oklahoma bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Central National Bank - Poteau, out of Poteau, Oklahoma. The loan was granted and they received $92,500 to help grow their Wister, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
WISTER, OK 74966

SBA Loan Lender

CENTRAL NATIONAL BANK - POTEAU
209 CLAYTON
POTEAU, OK 74953

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

10/25/2000

Loan Approval Gross Amount

$92,500

Loan Approval from the SBA

Of the total $92,500 loan amount, the SBA guaranteed $74,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 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.

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SBA loans provide money to small business owners for working capital for other expenses.

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:

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SBA Participating Banks in Poteau, Oklahoma

Getting an SBA Loan in Oklahoma