Onb Bank And Trust Company Provides SBA Loan to Buy Subway Sandwich Shop Franchise
Borrowing money to buy a Subway Sandwich Shop franchise? Onb Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Glenpool, Oklahoma needed money to invest in a Subway Sandwich Shop franchise back in 2006. Onb Bank And Trust Company issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
SUBWAY OF GLENPOOL
GLENPOOL, OK 74033
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/7/2006
Loan Approval Gross Amount
$67,100
Loan Approval from the SBA
Of the total $67,100 loan amount, the SBA guaranteed $57,035.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Subway Sandwich Shop franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Glenpool or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Subway
Getting a Small Business Loan
SBA 7A Banks in Tulsa, Oklahoma
Oklahoma SBA 7A Banks