Loan to Buy Mazzio's Pizza Franchise Issued By Bank - Oklahoma
Borrowing money to invest in a Mazzio's Pizza franchise? Bank - Oklahoma 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 2005 SBA franchise loan that you should know about. Bank - Oklahoma was the lender and the entrepreneur was based in Edmond, Oklahoma.
SBA Loan Borrower
MAZZIO
EDMOND, OK 73034
SBA Loan Lender
BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172
When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
4/26/2005
Loan Approval Gross Amount
$1,220,285
Loan Approval from the SBA
Of the total $1,220,285 loan amount, the SBA guaranteed $915,214.
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 135 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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
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SBA Banks in Tulsa, Oklahoma
Where to Get an SBA Loan Oklahoma