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April 19, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Onb Bank And Trust Company Tulsa Business Loans > Dentists Loan | ||||
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Oklahoma Small Business Funding
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Getting an SBA Loan for DentistsWith these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $452,000 was given to an Oklahoma entrepreneur in 2005. This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Onb Bank And Trust Company, out of Tulsa, Oklahoma. The loan was granted and they received $452,000 to help grow their Tulsa, Oklahoma business. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender ONB BANK AND TRUST COMPANY This bank loan 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 621210 - Dentists Loan Approval Date 6/21/2005 Loan Approval Gross Amount $452,000 Loan Approval from the SBA Of the total $452,000 loan amount, the SBA guaranteed $339,000. 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 7 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Family and Friend Investors - Your First Financiers Find an SBA Lender in Oklahoma
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