Borrowing Money for Petroleum and Petroleum Products Merchant Wholesalers

Looking for bank loans for petroleum and petroleum products merchant wholesalers? The SBA may be the answer. This $128,100 petroleum and petroleum products merchant wholesalers loan was issued by an Oklahoma bank.

Getting a small business loan in Enid, Oklahoma was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Kremlin, operating out of Kremlin, Oklahoma. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM AND PETROLEUM PRODUCTS MERCHANT WHOLESALERS
ENID, OK 73701

SBA Loan Lender

THE BANK OF KREMLIN
102 SIXTH ST
KREMLIN, OK 73753

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

424720 - Petroleum and Petroleum Products Merchant Wholesalers

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$128,100

Loan Approval from the SBA

Of the total $128,100 loan amount, the SBA guaranteed $64,050.

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 22 employees. The loan application indicated that the loan would help retain 22 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Obtaining Funding - How to Borrow Money

Where to Get an SBA Loan in Kremlin, Oklahoma

Oklahoma SBA Bank Lenders