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January 5, 2025 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Oklahoma City, Business Loans > Bancfirst Oklahoma City Business Loans > Pass Your Plate Loan | ||||
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SBA Franchise Lenders in Oklahoma
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Loan to Buy Pass Your Plate Franchise Issued By BancfirstNeed a loan to buy a Pass Your Plate franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Pass Your Plate franchise? If so, here's a 2005 SBA franchise loan that you should know about. Bancfirst was the lender and the entrepreneur was based in Oklahoma City, Oklahoma. SBA Loan Borrower PASS YOUR PLATE SBA Loan Lender BANCFIRST 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 445299 - Specialty Food Stores Loan Approval Date 6/28/2005 Loan Approval Gross Amount $108,000 Loan Approval from the SBA Of the total $108,000 loan amount, the SBA guaranteed $91,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pass Your Plate franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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. This SBA loan was for $108,000. How would you spend $108,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Oklahoma City, Oklahoma Getting an SBA Loan in Oklahoma
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