Bancfirst Provides SBA Loan to Buy Moe's Sw Grill Franchise

Need a loan to buy a Moe's Sw Grill 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 Moe's Sw Grill franchise back in 2004. Bancfirst issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL
OKLAHOMA CITY, OK 73120

SBA Loan Lender

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

This lender provides SBA guaranteed bank 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

722211 - Limited-Service Restaurants

Loan Approval Date

10/26/2004

Loan Approval Gross Amount

$297,700

Loan Approval from the SBA

Of the total $297,700 loan amount, the SBA guaranteed $223,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had 22 employees. The SBA loan documents indicated that the loan would help generate 21 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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