Borrow Money to Buy an Access Fitness Franchise

Need money to buy an Access Fitness franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

If you live near Bixby, Oklahoma and are interested in buying an Access Fitness franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Bancfirst. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

AFBA,LLC
BIXBY, OK 74008

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

1/26/2007

Loan Approval Gross Amount

$142,550

Loan Approval from the SBA

Of the total $142,550 loan amount, the SBA guaranteed $121,167.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Access Fitness franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Bixby or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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