On-Line Information Services Loans
Looking for loans for on-line information services? An SBA loan may be just what you've been looking for. This $27,600 on-line information services loan was issued by an Oklahoma bank.
Getting a small business loan in Woodward, Oklahoma was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from The Stock Exchange Bank, operating out of Woodward, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: ON-LINE INFORMATION SERVICES
WOODWARD, OK 73801
SBA Loan Lender
THE STOCK EXCHANGE BANK
1117 10TH ST
WOODWARD, OK 73801
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
514191 - On-Line Information Services
Loan Approval Date
11/1/2001
Loan Approval Gross Amount
$27,600
Loan Approval from the SBA
Of the total $27,600 loan amount, the SBA guaranteed $23,460.
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 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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.
Related Links:
Microlending as a Small Business Funding Source
Who Lends Money to Small Businesses in Woodward, Oklahoma
SBA Oklahoma Banks