Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Oklahoma SBA Banks

 

 
Loan Census SBA Loan Info

Sallisaw, Oklahoma Bank Lends Money to Specialized Local Freight Trucking Company in Muldrow, Oklahoma

Get SBA loans from a Sallisaw, Oklahoma bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First National Bank, Sallisaw is a Sallisaw, Oklahoma small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oklahoma company.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING
MULDROW, OK 74948

SBA Loan Lender

FIRST NATIONAL BANK, SALLISAW
1720 E CHEROKEE
SALLISAW, OK 74955

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

484220 - Specialized Local Freight Trucking

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$247,000

Loan Approval from the SBA

Of the total $247,000 loan amount, the SBA guaranteed $123,500.

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 12 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $247,000. How would you spend $247,000 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:

Startup Funding Tip

SBA 7A Banks for Sallisaw, Oklahoma Loans

Getting an SBA Loan in Oklahoma