Kingfisher, Oklahoma Business Gets SBA-Guaranteed Funding from Nbanc

An SBA loan from Nbanc typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kingfisher, Oklahoma business owner got a $511,509 loan.

Double D's received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Nbanc, out of Tulsa, Oklahoma. The loan was granted and they received $511,509 to help grow their Kingfisher, Oklahoma business.

SBA Loan Borrower

DOUBLE D'S
701 NORTH MAIN
KINGFISHER, OK 73750

SBA Loan Lender

NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

12/17/2004

Loan Approval Gross Amount

$511,509

Loan Approval from the SBA

Of the total $511,509 loan amount, the SBA guaranteed $383,632.

More Information on This SBA Loan

The borrower, Double D's, 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 13 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Double D's recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

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

Related Links:

Angel Investors

Small Bank Loans in Tulsa, Oklahoma

Find an SBA Lender in 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.