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May 11, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Davis, Business Loans > Landmark Bank Davis Business Loans > Carwashes Loan | ||||
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Sulphur, Oklahoma Bank for SBA Loans
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Raising Money for Car WashesLooking for bank loans for car washes? Try the SBA. This $400,000 car washes loan was issued by an Oklahoma bank. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Landmark Bank, out of Davis, Oklahoma. The loan was granted and they received $400,000 to help grow their Sulphur, Oklahoma business. SBA Loan Borrower COMPANY TYPE: CARWASHES SBA Loan Lender LANDMARK BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7542 - Carwashes NAICS Code 811192 - Car Washes Loan Approval Date 3/1/2001 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Good Banks for Small Business in Davis, Oklahoma
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