Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Muskogee, Oklahoma Bank for SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for Tire Dealers

With these SBA loans for tire dealers, the SBA guarantees the lender that the loan will be repaid. This tire dealers loan for $382,500 was given to an Oklahoma entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Muskogee, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bancfirst, based in Oklahoma City, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
MUSKOGEE, OK 74403

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

6/20/2005

Loan Approval Gross Amount

$382,500

Loan Approval from the SBA

Of the total $382,500 loan amount, the SBA guaranteed $286,875.

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 SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Muskogee OK, you ought to talk with a local Muskogee SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Muskogee businesses.

This SBA loan was for $382,500. How would you spend $382,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Small Business Credit Cards

SBA 7A Banks for Oklahoma City, Oklahoma Loans

Oklahoma SBA 7A Lenders