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.
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