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May 8, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Onb Bank And Trust Company Tulsa Business Loans > Dentists Loan | ||||
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Madrill, Oklahoma Bank for SBA Loans
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Loans for DentistsLooking for loans for dentists? Talk to a banker who works with the SBA. This $121,700 dentists loan was issued by an Oklahoma bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Onb Bank And Trust Company, out of Tulsa, Oklahoma. The loan was granted and they received $121,700 to help grow their Madrill, Oklahoma business. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender ONB BANK AND TRUST COMPANY This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 5/28/2004 Loan Approval Gross Amount $121,700 Loan Approval from the SBA Of the total $121,700 loan amount, the SBA guaranteed $103,445. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 19 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Microlending as a Small Business Funding Source
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