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May 2, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Onb Bank And Trust Company Tulsa Business Loans > Oklahoma Pizzerias, LLC Loan | ||||
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Business Loans for Bixby Business Owners
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Oklahoma Entrepreneur Secures Financing to Buy Cheezies Pizza FranchiseBorrowing money to invest in a Cheezies Pizza franchise? Onb Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cheezies Pizza franchise requires some effort but others before you have been successful. In 2008, Onb Bank And Trust Company issued an SBA franchise loan to an entrepreneur in Bixby, Oklahoma. Because Cheezies Pizza was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis. SBA Loan Borrower OKLAHOMA PIZZERIAS, LLC SBA Loan Lender ONB BANK AND TRUST COMPANY This commercial 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 722211 - Limited-Service Restaurants Loan Approval Date 1/30/2008 Loan Approval Gross Amount $725,000 Loan Approval from the SBA Of the total $725,000 loan amount, the SBA guaranteed $543,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cheezies Pizza franchise. At the time of the loan, the company had 60 employees. The SBA loan documents indicated that the loan would help generate 59 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Onb Bank And Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Getting a Business Loan in Oklahoma
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