Entrepreneur Works With Edmond, Oklahoma Bank to Get an SBA Loan

Thinking about meeting with an Edmond, Oklahoma bank about a small business loan? Here's one Oklahoma business loan, issued by an Edmond bank, that was approved by the SBA.

Applying for an SBA loan with First Commercial Bank worked out well for our friends at one local firm in Oklahoma City, Oklahoma. The business was able to get an SBA loan for $250,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
OKLAHOMA CITY, OK 73102

SBA Loan Lender

FIRST COMMERCIAL BANK
1601 S KELLY
EDMOND, OK 73013

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

541310 - Architectural Services

Loan Approval Date

7/25/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 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.

We've showcased information on this loan to let you know that businesses like yours 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:

Business Credit Evaluation

SBA 7A Banks for Edmond, Oklahoma Loans

Getting an SBA Loan in Oklahoma