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April 29, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Los Angeles, Business Loans > Nara Bank Los Angeles Business Loans > Golf Courses And Country Clubs Loan | ||||
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Yukon, Oklahoma Bank Loan
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Business Loans for Golf Courses and Country ClubsWith these business loans for golf courses and country clubs, the SBA guarantees the lender that the loan will be repaid. This golf courses and country clubs loan for $1,275,000 was given to an Oklahoma entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Yukon, Oklahoma was able to borrow $1,275,000 from Nara Bank. The SBA made the loan possible by guaranteeing $956,250 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS SBA Loan Lender NARA BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713910 - Golf Courses and Country Clubs Loan Approval Date 8/2/2007 Loan Approval Gross Amount $1,275,000 Loan Approval from the SBA Of the total $1,275,000 loan amount, the SBA guaranteed $956,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help retain 25 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Borrowing Money from Friends and Family Best Banks for Small Business in Los Angeles, California
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