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May 2, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Coppermark Bank Oklahoma City Business Loans > Commercial Photography Loan | ||||
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Oklahoma SBA Lenders
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Entrepreneur Works With Oklahoma City, Oklahoma Bank to Get an SBA LoanThinking about meeting with an Oklahoma City, Oklahoma bank about a business loan? Here's one Oklahoma business loan, issued by an Oklahoma City bank, that was approved by the SBA. Applying for an SBA loan with Coppermark Bank worked out well for our friends at one local firm in Bethany, Oklahoma. They received an SBA loan for $74,500. Sweet! SBA Loan Borrower COMPANY TYPE: COMMERCIAL PHOTOGRAPHY SBA Loan Lender COPPERMARK BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541922 - Commercial Photography Loan Approval Date 3/3/2004 Loan Approval Gross Amount $74,500 Loan Approval from the SBA Of the total $74,500 loan amount, the SBA guaranteed $63,325. 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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Best Banks for Small Business in Oklahoma City, Oklahoma Getting an SBA Loan in Oklahoma
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