Loan Census Banking News and Information
May 7, 2024  
 
 
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Edmond, Oklahoma Bank Loan

 

 
Loan Census SBA Loan Info

Edmond, OK Entrepreneur Gets SBA Loan to Buy Moe's Sw Grill Franchise

Need money to buy a Moe's Sw Grill franchise? Bancfirst has a history of making these loans and they are guaranteed by the SBA.

If you live near Edmond, Oklahoma and are interested in buying a Moe's Sw Grill franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Bancfirst. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MOE'S SOUTHWEST GRILL NORMAN L
EDMOND, OK 73003

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

10/6/2004

Loan Approval Gross Amount

$673,200

Loan Approval from the SBA

Of the total $673,200 loan amount, the SBA guaranteed $504,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Moe's Sw Grill franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the funding would help create 28 new jobs.

Getting an SBA Loan For Your Business

If you are raising money in Edmond OK, you ought to talk with a local Edmond SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Edmond businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Moe's Southwest Grill

The Friends and Family Network

SBA Participating Banks in Oklahoma City, Oklahoma

Oklahoma SBA Banks