Golden Outlook Care, LLC Gets an Oklahoma SBA Loan

Looking to get an Oklahoma SBA loan? This Oklahoma entrepreneur got an SBA loan, provided by an Oklahoma bank that works with the SBA to help small business owners.

Golden Outlook Care, LLC, based in Catoosa, Oklahoma, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Onb Bank And Trust Company. We've got the inside scoop on this Oklahoma small business loan.

SBA Loan Borrower

GOLDEN OUTLOOK CARE, LLC
6154 E 574 ROAD
CATOOSA, OK 74015

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

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 to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

11/18/2005

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

More Information on This SBA Loan

The borrower, Golden Outlook Care, LLC, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Catoosa OK, you ought to talk with a local Catoosa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Catoosa businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Golden Outlook Care, LLC is able to get a $280,000 loan, why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Equity Financing

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SBA Participating Banks in Oklahoma

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