Norman, Oklahoma Business Gets SBA-Guaranteed Funding from Bank - Oklahoma

An SBA loan from Bank - Oklahoma typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Norman, Oklahoma business owner got a $179,690 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Norman, Oklahoma was able to borrow $179,690 from Bank - Oklahoma. The SBA made the loan possible by guaranteeing $134,768 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
NORMAN, OK 73069

SBA Loan Lender

BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172

At the time this loan was granted, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to offer 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

541710 -

Loan Approval Date

12/27/2005

Loan Approval Gross Amount

$179,690

Loan Approval from the SBA

Of the total $179,690 loan amount, the SBA guaranteed $134,768.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 20 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $179,690 loan. Remember, if it to be, it is up to me!

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.

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