Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Oklahoma City, Oklahoma

 

 
Loan Census SBA Loan Info

Oklahoma City, OK Entrepreneur Gets SBA Loan to Buy Golf Etc. Franchise

Need a loan to buy a Golf Etc. franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Golf Etc. franchise may simply require a phone call to a local SBA banker. In 2005, Bancfirst issued an SBA franchise loan to an entrepreneur in Oklahoma City, Oklahoma. Because Golf Etc. was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

GOLF ETC OF OKLAHOMA CITY
OKLAHOMA CITY, OK 73170

SBA Loan Lender

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

This lender provides SBA 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

451110 - Sporting Goods Stores

Loan Approval Date

12/19/2005

Loan Approval Gross Amount

$234,000

Loan Approval from the SBA

Of the total $234,000 loan amount, the SBA guaranteed $175,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Golf Etc. franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bancfirst and they will explain how you can get an SBA loan for your company.

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:

Golf Etc

Understanding Dilution

Best Oklahoma City, Oklahoma Banks for Small Business

Oklahoma SBA 7A Lenders