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May 16, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Mcalester, Business Loans > The Bank, National Association Mcalester Business Loans > Dimension Stone Mining And Quarrying Loan | ||||
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SBA Lenders in Oklahoma
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Commercial Loans for Dimension Stone Mining and QuarryingWith these commercial loans for dimension stone mining and quarrying, the SBA guarantees the lender that the loan will be repaid. This dimension stone mining and quarrying loan for $87,500 was given to an Oklahoma entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pittsburg, Oklahoma was able to borrow $87,500 from The Bank, National Association. The SBA made the loan possible by guaranteeing $43,750 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: DIMENSION STONE MINING AND QUARRYING SBA Loan Lender THE BANK, NATIONAL ASSOCIATION This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 212311 - Dimension Stone Mining and Quarrying Loan Approval Date 7/16/2007 Loan Approval Gross Amount $87,500 Loan Approval from the SBA Of the total $87,500 loan amount, the SBA guaranteed $43,750. 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 15 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 15 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $87,500. How would you spend $87,500 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: Good Banks for Small Business in Mcalester, Oklahoma
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