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May 6, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Norman, Business Loans > Arvest Bank Norman Business Loans > Charlie's Chicken Loan | ||||
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Good Sources for Norman SBA Loans
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Arvest Bank Provides SBA Loan to Buy Charlies Chicken FranchiseBorrowing money to invest in a Charlies Chicken franchise? Arvest Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Norman, Oklahoma and are interested in buying a Charlies Chicken franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Arvest Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CHARLIE'S CHICKEN SBA Loan Lender ARVEST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 4/4/2003 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $251,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Charlies Chicken franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Realistic Debt Financing Options SBA 7A Lenders in Norman, Oklahoma
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