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May 18, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Stroud, Business Loans > Stroud National Bank Stroud Business Loans > Funeral Homes And Funeral Services Loan | ||||
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Oklahoma SBA Banks
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Entrepreneur Works With Stroud, Oklahoma Bank to Get an SBA LoanThinking about meeting with a Stroud, Oklahoma bank about an SBA loan? Here's one Oklahoma business loan, issued by a Stroud bank, that was approved by the SBA. Applying for an SBA loan with Stroud National Bank worked out well for our friends at one local firm in Eufaula, Oklahoma. They received an SBA loan for $1,225,000. Great job! SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender STROUD NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812210 - Funeral Homes and Funeral Services Loan Approval Date 10/25/2001 Loan Approval Gross Amount $1,225,000 Loan Approval from the SBA Of the total $1,225,000 loan amount, the SBA guaranteed $918,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,225,000 loan. Remember, you control your own destiny. 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: How Much Venture Capital Is There? Find an SBA Lender in Stroud, Oklahoma Getting a Business Loan in Oklahoma
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