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| Entrepreneur Resources | Bank - Oklahoma Tulsa Business Loans | ||||
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SBA Lender Enid Oklahoma
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Borrowing Money for Cafeterias, Grill Buffets, and BuffetsLooking for small business loans for cafeterias, grill buffets, and buffets? The SBA may be the answer. This $310,000 cafeterias, grill buffets, and buffets loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Enid, Oklahoma was able to borrow $310,000 from Bank - Oklahoma. The SBA made the loan possible by guaranteeing $232,500 of this Oklahoma small business loan. SBA Loan Borrower EMPERIAL CHINA SBA Loan Lender BANK - OKLAHOMA This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722212 - Cafeterias, Grill Buffets, and Buffets Loan Approval Date 2/3/2003 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. More Information on This SBA Loan The borrower, Emperial China, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We've showcased information on this loan to Emperial China 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 SBA loan database. Related Links: The Friends and Family Network SBA 7A Banks in Tulsa, Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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