Loan to Buy Ron's Hamburgers & Chili Franchise Issued By Stillwater National Bank & Trust

Need a loan to buy a Ron's Hamburgers & Chili franchise? Stillwater National Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Ron's Hamburgers & Chili franchise loans are available to Coweta, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Stillwater National Bank & Trust, based in Stillwater, Oklahoma, issued an SBA franchise loan for a Ron's Hamburgers & Chili franchise in 2001. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

RON'S HAMBURGERS AND CHILI
COWETA, OK 74429

SBA Loan Lender

STILLWATER NATIONAL BANK & TRUST
608 S MAIN
STILLWATER, OK 74074

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/24/2001

Loan Approval Gross Amount

$99,000

Loan Approval from the SBA

Of the total $99,000 loan amount, the SBA guaranteed $84,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ron's Hamburgers & Chili franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

The Friends and Family Network

Small Business Banks in Stillwater, Oklahoma

SBA Oklahoma Lenders