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May 1, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Bancfirst Oklahoma City Business Loans > Men's And Boys' Cut And Sew Apparel Contractors Loan | ||||
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SBA Lenders for Norman, Oklahoma Businesses
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Bancfirst Gives Small Business Loan to Men's And Boys' Cut And Sew Apparel Contractors CompanySBA loans in Oklahoma are hard to find these days. We take a look at one Oklahoma SBA loan, provided by an Oklahoma bank, that was approved by the SBA. By giving the right information to Bancfirst, this Norman, Oklahoma business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW APPAREL CONTRACTORS SBA Loan Lender BANCFIRST This bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 315211 - Men's and Boys' Cut and Sew Apparel Contractors Loan Approval Date 1/23/2004 Loan Approval Gross Amount $51,600 Loan Approval from the SBA Of the total $51,600 loan amount, the SBA guaranteed $38,700. 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 5 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Raising VC Money for Social Networking Companies Small Business Banks in Oklahoma City, Oklahoma
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