Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Mustang, Oklahoma Bank Loan

 

 
Loan Census SBA Loan Info

Business Loans for Dentists

Looking for business loans for dentists? Try the SBA. This $534,000 dentists loan was issued by an Oklahoma bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Bancfirst, out of Oklahoma City, Oklahoma. The loan was granted and they received $534,000 to help grow their Mustang, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
MUSTANG, OK 73064

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

When it made this small business loan, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to give speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

9/28/2005

Loan Approval Gross Amount

$534,000

Loan Approval from the SBA

Of the total $534,000 loan amount, the SBA guaranteed $400,500.

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 8 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks for Oklahoma City, Oklahoma Loans

SBA Participating Banks in Oklahoma