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| Entrepreneur Resources | Stillwater National Bank & Trust Stillwater Business Loans | ||||
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SBA Lenders in Oklahoma
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Stillwater National Bank & Trust SBA Loan to Raymond A Miller IIIAn SBA loan from Stillwater National Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tulsa, Oklahoma business owner got a $120,000 loan.
Getting a small business loan in Tulsa, Oklahoma was an essential business goal for Raymond A Miller III back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Stillwater National Bank & Trust, operating out of Stillwater, Oklahoma. Here are the details on this Oklahoma small business loan. SBA Loan Borrower RAYMOND A MILLER III 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 233310 - Manufacturing and Industrial Building Construction Loan Approval Date 9/21/2001 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $60,000. More Information on This SBA Loan The borrower, Raymond A Miller III, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs. Getting an SBA Loan For Your Business 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: Best Banks for Small Business in Stillwater, Oklahoma Where to Get an SBA Loan 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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