Loan to Buy Chemstation sells Indus. Cleaners Franchise Issued By Stillwater National Bank & Trust

Borrowing money to purchase a Chemstation sells Indus. Cleaners franchise? Stillwater National Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Chemstation sells Indus. Cleaners franchise is doable. In 2003, Stillwater National Bank & Trust issued an SBA franchise loan to an entrepreneur in Edmond, Oklahoma. Because Chemstation sells Indus. Cleaners was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

CHEMSTATION OF OKLAHOMA
EDMOND, OK 73003

SBA Loan Lender

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

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

325611 - Soap and Detergent Manufacturing

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Chemstation sells Indus. Cleaners franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the borrowed money would help generate 5 new jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

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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