Cole Equipment & Truck Repair Inc.

15149 County Rd 3544, Ada, OK 74820 · Construction, Mining, and Forestry Machinery and Equipment Rental and (NAICS 532412)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.1M

Jobs Supported

16

Years Active

2025–2025

Loan History (2)

Source: SBA FOIA
7(a)$700,000
Exempt
Approved
Mar 25, 2025 (FY2025)
SBA Guaranteed
$525,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Construction, Mining, and Forestry Machinery and Equipment Rental and (NAICS 532412)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Pontotoc County, OK

7(a)$1,450,000
Exempt
Approved
May 29, 2025 (FY2025)
SBA Guaranteed
$1,087,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Construction, Mining, and Forestry Machinery and Equipment Rental and (NAICS 532412)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Pontotoc County, OK

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
532412 Construction, Mining, and Forestry Machinery and Equipment Rental and
Address
15149 County Rd 3544
Ada, OK 74820

Lender

Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131

Other SBA Borrowers in Ada

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