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April 23, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Candy Bouquet Loan | ||||
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Business Loans for Tulsa Entrepreneurs
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Oklahoma Entrepreneur Secures Financing to Buy Candy Bouquet,Inc FranchiseNeed a loan to invest in a Candy Bouquet,Inc franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Candy Bouquet,Inc franchise may simply require a phone call to a local SBA banker. In 2005, Business Loan Center, LLC issued an SBA franchise loan to an entrepreneur in Tulsa, Oklahoma. Because Candy Bouquet,Inc was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis. SBA Loan Borrower CANDY BOUQUET SBA Loan Lender BUSINESS LOAN CENTER, LLC 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 453220 - Gift, Novelty, and Souvenir Stores Loan Approval Date 7/5/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Candy Bouquet,Inc franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: SBA Participating Banks in Panama City Beach, Florida Browse All Business Loan Sources for Florida
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