Loan to Buy Gotcha Covered Franchise Issued By Bancfirst

Borrowing money to purchase a Gotcha Covered franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Oklahoma City, Oklahoma needed money to invest in a Gotcha Covered franchise back in 2006. Bancfirst issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

GOTCHA COVERED
OKLAHOMA CITY, OK 73120

SBA Loan Lender

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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

4/4/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Gotcha Covered franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help create 1 new job.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Oklahoma City OK, you ought to talk with a local Oklahoma City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oklahoma City businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, anyone can do it... so why not 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:

Gotcha Covered Blinds

Small Business Loan

SBA 7A Banks in Oklahoma City, Oklahoma

SBA Oklahoma Lenders