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May 1, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Periodical Publishers Loan | ||||
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Durant, Oklahoma Bank for SBA Loans
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Periodical Publishers Commercial LoansLooking for commercial loans for periodical publishers? Try the SBA. This $50,000 periodical publishers loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Durant, Oklahoma was able to borrow $50,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $42,500 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: PERIODICAL PUBLISHERS SBA Loan Lender BUSINESS LOAN CENTER, LLC The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 511120 - Periodical Publishers Loan Approval Date 8/25/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Durant OK, you ought to talk with a local Durant SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Durant businesses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: How Much Venture Capital Is There? Best Banks for Small Business in Panama City Beach, Florida Getting an SBA Loan in Florida
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