Loan Census Banking News and Information
April 29, 2024  
 
 
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Banks Doing SBA Loans in Oklahoma

 

 
Loan Census SBA Loan Info

Stillwater, Oklahoma Lender Lends Money to Men's Clothing Stores Company

Want to talk with a Stillwater, Oklahoma bank about a business loan? Here's one Oklahoma business loan, issued by a Stillwater bank, that was approved by the SBA.

Applying for an SBA loan with Stillwater National Bank & Trust worked out well for our friends at one local firm in Oklahoma City, Oklahoma. They received an SBA loan for $438,910. Nice!

SBA Loan Borrower

COMPANY TYPE: MEN'S CLOTHING STORES
OKLAHOMA CITY, OK 73102

SBA Loan Lender

STILLWATER NATIONAL BANK & TRUST
608 S MAIN
STILLWATER, OK 74074

This commercial loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests 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

448110 - Men's Clothing Stores

Loan Approval Date

4/8/2005

Loan Approval Gross Amount

$438,910

Loan Approval from the SBA

Of the total $438,910 loan amount, the SBA guaranteed $329,183.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Stillwater National Bank & Trust and they will explain how you can get an SBA loan for your company.

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:

504 Loans

SBA Approved Banks in Stillwater, Oklahoma

SBA Participating Banks in Oklahoma