Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Best Banks for Owasso, Oklahoma Small Businesses

 

 
Loan Census SBA Loan Info

Owasso, OK Entrepreneur Gets SBA Loan to Buy Packaging And Shipping Specialists Franchise

Need a loan to buy a Packaging And Shipping Specialists franchise? Rcb Bank has a history of making these loans and they are guaranteed by the SBA.

Packaging And Shipping Specialists franchise loans are available to Owasso, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rcb Bank, based in Claremore, Oklahoma, issued an SBA franchise loan for a Packaging And Shipping Specialists franchise in 2004. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

PACK AND MAIL PLUS LLC
OWASSO, OK 74055

SBA Loan Lender

RCB BANK
300 W PATTI PAGE BLVD
CLAREMORE, OK 74017

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424120 - Stationery and Office Supplies Merchant Wholesalers

Loan Approval Date

12/20/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Packaging And Shipping Specialists franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Advice on Getting a Small Business Loan

SBA 7A Banks in Claremore, Oklahoma

Oklahoma SBA 7A Lenders