Borrow Money to Buy an Indigo Joe's Sport Pub & Restaurant Franchise

Need a loan to buy an Indigo Joe's Sport Pub & Restaurant franchise? Spiritbank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Indigo Joe's Sport Pub & Restaurant franchise requires some effort but others before you have been successful. In 2007, Spiritbank issued an SBA franchise loan to an entrepreneur in South Tulsa, Oklahoma. Because Indigo Joe's Sport Pub & Restaurant was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

INDIGO JOE'S OF TULSA, LLC
SOUTH TULSA, OK 74133

SBA Loan Lender

SPIRITBANK
4815 S HARVARD
TULSA, OK 74135

This bank 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

722110 - Full-Service Restaurants

Loan Approval Date

4/3/2007

Loan Approval Gross Amount

$626,175

Loan Approval from the SBA

Of the total $626,175 loan amount, the SBA guaranteed $469,631.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Indigo Joe's Sport Pub & Restaurant franchise. At the time of the loan, the company had 100 employees. The loan application indicated that the loan would help create 100 new jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Spiritbank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Indigos Franchising

Indigo Joe's Pub & Restaurant

Business Incubators

Banks in Tulsa, Oklahoma

SBA Lenders in Oklahoma