Loan to Buy Jackson Hewitt Tax Service Franchise Issued By First National Bank - Oklahoma

Borrowing money to purchase a Jackson Hewitt Tax Service franchise? First National Bank - Oklahoma has a history of making these loans and they are guaranteed by the SBA.

Jackson Hewitt Tax Service franchise loans are available to Ponca, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank - Oklahoma, based in Ponca City, Oklahoma, issued an SBA franchise loan for a Jackson Hewitt Tax Service franchise in 2002. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

JACKSON-HEWITT TAX SERVICE#151
PONCA, OK 74601

SBA Loan Lender

FIRST NATIONAL BANK - OKLAHOMA
1324 E GRAND AVE
PONCA CITY, OK 74601

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

10/21/2002

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Jackson Hewitt Tax Service

Equity Financing

SBA 7A Lenders in Ponca City, Oklahoma

SBA Oklahoma Lenders