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May 17, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Shawnee, Business Loans > First National Bank & Trust Shawnee Business Loans > Computer And Computer Software Stores Loan | ||||
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First National Bank & Trust
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SBA Loan from First National Bank & Trust Helps Computer And Computer Software Stores CompanyFirst National Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how an Oklahoma entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Lawton, Oklahoma was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First National Bank & Trust, operating out of Shawnee, Oklahoma. Here are the details on this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: COMPUTER AND COMPUTER SOFTWARE STORES SBA Loan Lender FIRST NATIONAL BANK & TRUST The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5734 - Computer and Computer Software Stores NAICS Code 443120 - Computer and Software Stores Loan Approval Date 6/26/2001 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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: SBA Approved Banks in Shawnee, Oklahoma
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