Small Business Loans for Construction, Mining, and Forestry Machinery Equipment Rental and Leasing

Looking for small business loans for construction, mining, and forestry machinery equipment rental and leasing? The SBA may be the answer. This $562,900 construction, mining, and forestry machinery equipment rental and leasing loan was issued by an Oklahoma bank.

This company knew how to go about getting a business bank loan. Based in Ponca City, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Rcb Bank, based in Claremore, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: CONSTRUCTION, MINING, AND FORESTRY MACHINERY EQUIPMENT RENTAL AND LEASING
PONCA CITY, OK 74601

SBA Loan Lender

RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532412 - Construction, Mining, and Forestry Machinery Equipment Rental and Leasing

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$562,900

Loan Approval from the SBA

Of the total $562,900 loan amount, the SBA guaranteed $422,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help generate 3 new jobs.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rcb Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

504 Loans

Best Claremore, Oklahoma Banks for Small Business

Browse All Business Loan Sources for Oklahoma