Bancfirst Provides SBA Loan to Buy Wings To Go Franchise
Need money to invest in a Wings To Go franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Wings To Go franchise is doable. In 2004, Bancfirst issued an SBA franchise loan to an entrepreneur in Broken Arrow, Oklahoma. Because Wings To Go was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.
SBA Loan Borrower
WINGS TO GO BROKEN ARROW
BROKEN ARROW, OK 74012
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This SBA small business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA delivers a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/10/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wings To Go franchise. At the time of the loan, the company
had 9 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
Related Links:
Wings To Go
Obtaining Funding From a Venture Capitalist
SBA Banks in Oklahoma City, Oklahoma
Oklahoma SBA 7A Lenders