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May 11, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Ada, Business Loans > Landmark Bank Ada Business Loans > Nondepository Credit Intermediation Loan | ||||
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Small Business Banks That Lend to Tishomingo Business Owners
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Local Business Gets an Oklahoma SBA LoanBusiness loans in Oklahoma are hard to find these days. We take a look at one Oklahoma business loan, provided by an Oklahoma bank, that was approved by the SBA. You can learn something about getting a small business loan in Tishomingo, Oklahoma by studying this loan to a local business, made back in 2002. Banks like Landmark Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: NONDEPOSITORY CREDIT INTERMEDIATION SBA Loan Lender LANDMARK BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 522298 - Nondepository Credit Intermediation Loan Approval Date 8/20/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the funding to add employees 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. We can help you find the best banks for small businesses in Tishomingo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Who Lends Money to Small Businesses in Ada, Oklahoma
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