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May 6, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Bank - Oklahoma Tulsa Business Loans > Packaged Frozen Foods Loan | ||||
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Bank - Oklahoma
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SBA Loan from Bank - Oklahoma Helps Packaged Frozen Foods CompanyBank - Oklahoma is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Oklahoma entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Enid, Oklahoma was able to borrow $327,390 from Bank - Oklahoma. The SBA made the loan possible by guaranteeing $245,542 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: PACKAGED FROZEN FOODS SBA Loan Lender BANK - OKLAHOMA This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and a deep knowledge SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5142 - Packaged Frozen Foods NAICS Code 311412 - Frozen Specialty Food Manufacturing Loan Approval Date 2/14/2002 Loan Approval Gross Amount $327,390 Loan Approval from the SBA Of the total $327,390 loan amount, the SBA guaranteed $245,542. 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 32 employees. The SBA loan application for the borrower did not indicate that the company 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? Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $327,390. How would you spend $327,390 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in Oklahoma
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