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May 13, 2024  
 
 
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Raising Money in Poteau, Oklahoma With SBA Loans

 

 
Loan Census SBA Loan Info

Jewelry Stores Loans

Looking for loans for jewelry stores? Try the SBA. This $75,000 jewelry stores loan was issued by an Oklahoma bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Poteau, Oklahoma was able to borrow $75,000 from Central National Bank - Poteau. The SBA made the loan possible by guaranteeing $63,750 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
POTEAU, OK 74953

SBA Loan Lender

CENTRAL NATIONAL BANK - POTEAU
209 CLAYTON
POTEAU, OK 74953

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

4/5/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, things become real when you believe you can achieve them!

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:

Equity Financing

SBA 7A Banks for Poteau, Oklahoma Loans

Getting an SBA Loan in Oklahoma