Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Oklahoma Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Mazzio's Pizza Franchise Issued By Kirkpatrick Bank

Need a loan to invest in a Mazzio's Pizza franchise? Kirkpatrick Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mazzio's Pizza franchise? If so, here's a 2000 SBA franchise loan that you should know about. Kirkpatrick Bank was the lender and the entrepreneur was based in Edmond, Oklahoma.

SBA Loan Borrower

E-TOWN PIZZA COMPANY,INCC.
EDMOND, OK 73034

SBA Loan Lender

KIRKPATRICK BANK
3001 E MEMORIAL RD
EDMOND, OK 73013

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

9/18/2000

Loan Approval Gross Amount

$492,000

Loan Approval from the SBA

Of the total $492,000 loan amount, the SBA guaranteed $369,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mazzio's Pizza franchise. At the time of the loan, the company had 30 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Kirkpatrick Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Kirkpatrick Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Mazzio's Pizza

Understanding Dilution

Best Banks in Edmond, Oklahoma

Getting an SBA Loan in Oklahoma