Oklahoma City, OK Entrepreneur Gets SBA Loan to Buy Papa Murphy's Take & Bake Pizza Franchise
Need a loan to buy a Papa Murphy's Take & Bake Pizza franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.
If you live near Oklahoma City, Oklahoma and are interested in buying a Papa Murphy's Take & Bake Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Bancfirst. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
PAPA MURPHY'S TAKE-N-BAKE PIZZ
OKLAHOMA CITY, OK 73107
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/3/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Papa Murphy's Take & Bake Pizza franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the borrowed money would help create 10 new jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bancfirst are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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:
Borrowing Money from Friends and Family
Best Banks for Small Business in Oklahoma City, Oklahoma
Oklahoma SBA 7A Lenders