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May 5, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Poteau, Business Loans > The Community State Bank Poteau Business Loans > Postal Service Loan | ||||
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Poteau, Oklahoma SBA Banks
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Entrepreneur Works With Poteau, Oklahoma Bank to Get an SBA LoanGet business loans from a Poteau, Oklahoma bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. The Community State Bank is a Poteau, Oklahoma small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company. SBA Loan Borrower COMPANY TYPE: POSTAL SERVICE SBA Loan Lender THE COMMUNITY STATE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 491110 - Postal Service Loan Approval Date 2/10/2006 Loan Approval Gross Amount $160,000 Loan Approval from the SBA Of the total $160,000 loan amount, the SBA guaranteed $136,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money 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 $160,000 loan. Remember, fight for what you want, and it will be yours! 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:
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