Stillwater, Oklahoma Lender Lends Money to Randall R. Segnar, Dds, Pc

Get business loans from a Stillwater, Oklahoma bank that knows how to treat small business owners right! If Randall R. Segnar, Dds, Pc can get a loan, there's no reason you can't do it too.

Stillwater National Bank & Trust is a Stillwater, Oklahoma small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Randall R. Segnar, Dds, Pc an Oklahoma company.

SBA Loan Borrower

RANDALL R. SEGNAR, DDS, PC
4608 S. HARVARD
TULSA, OK 74135

SBA Loan Lender

STILLWATER NATIONAL BANK & TRUST
608 S MAIN
STILLWATER, OK 74074

This business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Offices of Dentists

Loan Approval Date

1/9/2003

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower, Randall R. Segnar, Dds, Pc, borrowed this money for a new 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 4 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 8/1/2005.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

About This SBA Loan Information:

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

Related Links:

Getting a Small Business Loan

Best Stillwater, Oklahoma Banks for Small Business

SBA Lenders in Oklahoma

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