Oklahoma Entrepreneur Secures Financing to Buy Century 21 Franchise

Borrowing money to invest in a Century 21 franchise? Bank - Oklahoma has a history of making these loans and they are guaranteed by the SBA.

Century 21 franchise loans are available to Midwest City, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank - Oklahoma, based in Oklahoma City, Oklahoma, issued an SBA franchise loan for a Century 21 franchise in 2003. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

CENTURY 21 BEACON
MIDWEST CITY, OK 73130

SBA Loan Lender

BANK - OKLAHOMA
7701 S WESTERN
OKLAHOMA CITY, OK 73139

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

1/15/2003

Loan Approval Gross Amount

$49,500

Loan Approval from the SBA

Of the total $49,500 loan amount, the SBA guaranteed $42,075.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Century 21 franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank - Oklahoma that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Century 21 Real Estate Corporation

Business Incubators

Small Business Banks in Oklahoma City, Oklahoma

Oklahoma SBA 7A Lenders