Yukon, Oklahoma Business Gets SBA-Guaranteed Funding from Onb Bank And Trust Company

Onb Bank And Trust Company is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Oklahoma entrepreneur who tapped into the power of SBA loans.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Yukon, Oklahoma was able to borrow $783,000 from Onb Bank And Trust Company. The SBA made the loan possible by guaranteeing $587,250 of this Oklahoma small business loan.

SBA Loan Borrower

BRYAN R. TAYLOR, DDS. P.C.
619 WEST MAIN
YUKON, OK 73099

SBA Loan Lender

ONB BANK AND TRUST COMPANY
2424 E 21ST ST, STE 100
TULSA, OK 74114

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Offices of Dentists

Loan Approval Date

6/6/2007

Loan Approval Gross Amount

$783,000

Loan Approval from the SBA

Of the total $783,000 loan amount, the SBA guaranteed $587,250.

More Information on This SBA Loan

The borrower, Bryan R. Taylor, Dds. P.C., 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 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

If Bryan R. Taylor, Dds. P.C. can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

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

Related Links:

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SBA Banks in Tulsa, Oklahoma

Oklahoma SBA 7A Lenders

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