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May 18, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Owasso, Business Loans > Bank - Lakes Owasso Business Loans > Machine Shops Loan | ||||
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Owasso Bank Loan
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Owasso, Oklahoma Bank Gives SBA Loan to Machine Shops CompanyThinking about meeting with an Owasso, Oklahoma bank about a business loan? Here's one Oklahoma business loan, issued by an Owasso bank, that was approved by the SBA. Applying for an SBA loan with Bank - Lakes worked out well for our friends at one local business in Owasso, Oklahoma. They got an SBA loan for $35,000. Way to go! SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender BANK - LAKES SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 6/23/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank - Lakes that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Approved Banks in Owasso, Oklahoma SBA Participating Banks in Oklahoma
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