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| Entrepreneur Resources | Stillwater National Bank & Trust Stillwater Business Loans | ||||
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Stillwater, Oklahoma Bank for SBA Loans
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Stillwater, Oklahoma Lender Lends Money to Go Totally WirelessThinking about meeting with a Stillwater, Oklahoma bank about an SBA loan? Here's one Oklahoma business loan, issued by a Stillwater bank, that was approved by the SBA.
Applying for an SBA loan with Stillwater National Bank & Trust worked out well for our friends at Go Totally Wireless in Tulsa, Oklahoma. They got an SBA loan for $20,000. Awesome! SBA Loan Borrower GO TOTALLY WIRELESS SBA Loan Lender STILLWATER NATIONAL BANK & TRUST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 443112 - Radio, Television, and Other Electronics Stores Loan Approval Date 5/7/2001 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower, Go Totally Wireless, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help generate 2 new jobs. This loan was paid in full, and was closed out on 9/29/2006. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Stillwater National Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Stillwater, Oklahoma Getting a Business Loan 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.
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