Bethany, Oklahoma Business Gets SBA-Guaranteed Funding from Bancfirst
Bancfirst has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Bethany, Oklahoma, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Bancfirst, based in Oklahoma City, Oklahoma.
SBA Loan Borrower
COMPANY TYPE: LIMITED-SERVICE RESTAURANTS
BETHANY, OK 73008
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/10/2005
Loan Approval Gross Amount
$473,400
Loan Approval from the SBA
Of the total $473,400 loan amount, the SBA guaranteed $355,050.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 55 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to 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 publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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