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May 13, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Nowata, Business Loans > Regent Bank & Trust National As Nowata Business Loans > Motor Vehicle Seating And Interior Trim Manufacturing Loan | ||||
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Regent Bank & Trust National As Small Business Loan
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Loans for Motor Vehicle Seating and Interior Trim ManufacturingLooking for loans for motor vehicle seating and interior trim manufacturing? The SBA may be the answer. This $172,200 motor vehicle seating and interior trim manufacturing loan was issued by an Oklahoma bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South Coffeyville, Oklahoma was able to borrow $172,200 from Regent Bank & Trust National As. The SBA made the loan possible by guaranteeing $129,150 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE SEATING AND INTERIOR TRIM MANUFACTURING SBA Loan Lender REGENT BANK & TRUST NATIONAL AS This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 336360 - Motor Vehicle Seating and Interior Trim Manufacturing Loan Approval Date 3/7/2005 Loan Approval Gross Amount $172,200 Loan Approval from the SBA Of the total $172,200 loan amount, the SBA guaranteed $129,150. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Regent Bank & Trust National As 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: Who Lends Money to Small Businesses in Nowata, Oklahoma
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