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April 28, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > First Commercial Bank Oklahoma City Business Loans > Furniture Stores Loan | ||||
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OK Business Loans from First Commercial Bank
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SBA Loan from First Commercial Bank Helps Furniture Stores CompanyFirst Commercial Bank has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Commercial Bank, out of Oklahoma City, Oklahoma. The loan was granted and they received $136,968 to help grow their Oklahoma City, Oklahoma business. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender FIRST COMMERCIAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5712 - Furniture Stores NAICS Code 442110 - Furniture Stores Loan Approval Date 5/24/2001 Loan Approval Gross Amount $136,968 Loan Approval from the SBA Of the total $136,968 loan amount, the SBA guaranteed $102,726. 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 7 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Oklahoma City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Role of Business Plan When Raising Money Banks in Oklahoma City, Oklahoma SBA Participating Banks in Oklahoma
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