 |
 |
May 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Bancfirst Oklahoma City Business Loans > Glass And Glazing Contractors Loan | ||||
 |
||||
Oklahoma Bank SBA Loans
|
||||
 |
Oklahoma City, Oklahoma Bank Gives SBA Loan to Glass And Glazing Contractors CompanyWant to talk with an Oklahoma City, Oklahoma bank about a small business loan? Here's one Oklahoma business loan, issued by an Oklahoma City bank, that was approved by the SBA. Applying for an SBA loan with Bancfirst worked out well for our friends at one local company in Oklahoma City, Oklahoma. The business was able to get an SBA loan for $44,000. Great job! SBA Loan Borrower COMPANY TYPE: GLASS AND GLAZING CONTRACTORS SBA Loan Lender BANCFIRST This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238150 - Glass and Glazing Contractors Loan Approval Date 12/7/2007 Loan Approval Gross Amount $44,000 Loan Approval from the SBA Of the total $44,000 loan amount, the SBA guaranteed $37,400. 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 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs. Getting an SBA Loan For Your Business Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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 7A Banks for Oklahoma City, Oklahoma Loans
|
|
||
|
||||
|
|
||||