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May 18, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Beaver, Business Loans > The First Security Bank Beaver Business Loans > Vending Machine Operators Loan | ||||
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Business Loans for Balko Small Businesses
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Borrowing Money for Vending Machine OperatorsLooking for small business loans for vending machine operators? The SBA may be the answer. This $180,000 vending machine operators loan was issued by an Oklahoma bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with The First Security Bank, out of Beaver, Oklahoma. The loan was granted and they received $180,000 to help grow their Balko, Oklahoma business. SBA Loan Borrower COMPANY TYPE: VENDING MACHINE OPERATORS SBA Loan Lender THE FIRST SECURITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454210 - Vending Machine Operators Loan Approval Date 5/23/2003 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. 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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the funding 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Beaver, Oklahoma Banks for Small Business
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