Loan to Buy Marble Slab Creamery Franchise Issued By Bancfirst

Borrowing money to buy a Marble Slab Creamery franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Edmond, Oklahoma needed money to invest in a Marble Slab Creamery franchise back in 2002. Bancfirst issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

BITTLE FOOD SERVICES, INC.
EDMOND, OK 73013

SBA Loan Lender

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

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/24/2002

Loan Approval Gross Amount

$128,000

Loan Approval from the SBA

Of the total $128,000 loan amount, the SBA guaranteed $108,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 8 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bancfirst are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Marble Slab Creamery, Inc.

A Company That Helps Entrepreneurs

Where to Get an SBA Loan in Oklahoma City, Oklahoma

SBA Participating Banks in Oklahoma