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May 12, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Poteau, Business Loans > The Community State Bank Poteau Business Loans > Water, Sewer, And Utility Lines Loan | ||||
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Business Loans for Poteau Small Business Owners
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Raising Money for Water, Sewer, and Pipeline ConstructionLooking for business loans for water, sewer, and pipeline construction? The SBA may be the answer. This $290,000 water, sewer, and pipeline construction loan was issued by an Oklahoma bank. Getting a small business loan in Poteau, Oklahoma was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from The Community State Bank, operating out of Poteau, Oklahoma. Here are the details on this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: WATER, SEWER, AND UTILITY LINES SBA Loan Lender THE COMMUNITY STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1623 - Water, Sewer, and Utility Lines NAICS Code 234910 - Water, Sewer, and Pipeline Construction Loan Approval Date 7/18/2003 Loan Approval Gross Amount $290,000 Loan Approval from the SBA Of the total $290,000 loan amount, the SBA guaranteed $217,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Banking Deregulation's Effects on Entrepreneurship Find an SBA Lender in Poteau, Oklahoma Find an SBA Lender in Oklahoma
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