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April 29, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Weokie Cu Oklahoma City Business Loans > Nail Salons Loan | ||||
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Oklahoma SBA 7A Lenders
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Oklahoma City, Oklahoma Bank Lends Money to Nail Salons Company in Del City, OklahomaThinking about meeting with an Oklahoma City, Oklahoma bank about a small 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 Weokie Cu worked out well for our friends at one local business in Del City, Oklahoma. They got an SBA loan for $224,000. Nice! SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender WEOKIE CU This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812113 - Nail Salons Loan Approval Date 7/7/2003 Loan Approval Gross Amount $224,000 Loan Approval from the SBA Of the total $224,000 loan amount, the SBA guaranteed $168,000. 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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Weokie Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Who Lends Money to Small Businesses in Oklahoma City, Oklahoma
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