Loan to Buy Fish City Grill Franchise Issued By Vision Bank

Borrowing money to invest in a Fish City Grill franchise? Vision Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Edmond, Oklahoma and are interested in buying a Fish City Grill franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Vision Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

FISH CITY GRILL
EDMOND, OK 73013

SBA Loan Lender

VISION BANK
101 E MAIN ST
ADA, OK 74820

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/29/2006

Loan Approval Gross Amount

$439,803

Loan Approval from the SBA

Of the total $439,803 loan amount, the SBA guaranteed $329,852.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fish City Grill franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This SBA loan was for $439,803. How would you spend $439,803 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Fish City Grill

Business Credit Evaluation

Small Business Banks in Ada, Oklahoma

Getting a Business Loan in Oklahoma