Oklahoma City, OK Entrepreneur Gets SBA Loan to Buy Wolf People Franchise

Need money to buy a Wolf People franchise? The Bank Of Union 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 Wolf People franchise back in 2005. The Bank Of Union issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

WOMEN'S HEALTH BOUTIQUE #15
OKLAHOMA CITY, OK 73120

SBA Loan Lender

THE BANK OF UNION
2000 S COUNTRY CLUB RD
EL RENO, OK 73036

This 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.

NAICS Code

624190 - Individual and Family Services

Loan Approval Date

2/11/2005

Loan Approval Gross Amount

$308,570

Loan Approval from the SBA

Of the total $308,570 loan amount, the SBA guaranteed $231,427.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wolf People franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

Related Links:

Obtaining Funding - How to Borrow Money

SBA 7A Banks in El Reno, Oklahoma

Getting an SBA Loan in Oklahoma