Bancfirst Provides SBA Loan to Buy Charlies Chicken Franchise

Borrowing money to buy a Charlies Chicken franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

Charlies Chicken franchise loans are available to Mcalester, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bancfirst, based in Oklahoma City, Oklahoma, issued an SBA franchise loan for a Charlies Chicken franchise in 2006. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

CHARLIE'S CHICKEN
MCALESTER, OK 74501

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/21/2006

Loan Approval Gross Amount

$360,500

Loan Approval from the SBA

Of the total $360,500 loan amount, the SBA guaranteed $270,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Charlies Chicken franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Understanding Dilution

Where to Get an SBA Loan in Oklahoma City, Oklahoma

Oklahoma SBA 7A Banks