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April 20, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Owasso, Business Loans > First Bank Of Owasso Owasso Business Loans > Asphalt Felts And Coatings Loan | ||||
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Oklahoma Small Business Funding
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Business Loans for Asphalt Shingle and Coating Materials ManufacturingWith these business loans for asphalt shingle and coating materials manufacturing, the SBA guarantees the lender that the loan will be repaid. This asphalt shingle and coating materials manufacturing loan for $1,000,000 was given to an Oklahoma entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $1,000,000 from First Bank Of Owasso. The SBA made the loan possible by guaranteeing $750,000 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: ASPHALT FELTS AND COATINGS SBA Loan Lender FIRST BANK OF OWASSO SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2952 - Asphalt Felts and Coatings NAICS Code 324122 - Asphalt Shingle and Coating Materials Manufacturing Loan Approval Date 10/11/2000 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. 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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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:
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