Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Oklahoma City, Oklahoma Business Owners

 

 
Loan Census SBA Loan Info

Oklahoma Entrepreneur Secures Financing to Buy Heavenly Hams Franchise

Need money to purchase a Heavenly Hams franchise? Midfirst Bank has a history of making these loans and they are guaranteed by the SBA.

Heavenly Hams franchise loans are available to Oklahoma City, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Midfirst Bank, based in Oklahoma City, Oklahoma, issued an SBA franchise loan for a Heavenly Hams franchise in 2001. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

HEAVENLY HAM
OKLAHOMA CITY, OK 74114

SBA Loan Lender

MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5421 - Meat and Fish Market

NAICS Code

445120 - Convenience Stores

Loan Approval Date

8/15/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Heavenly Hams franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $50,000 loan. Remember, things become real when you believe you can achieve them!

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:

Heavenly Ham

Raising Venture Capital

SBA 7A Banks for Oklahoma City, Oklahoma Loans

SBA Lenders in Oklahoma