Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Banks for Franchise Loans in Oklahoma

 

 
Loan Census SBA Loan Info

Loan to Buy Mazzio's Pizza Franchise Issued By Bank - Oklahoma

Borrowing money to invest in a Mazzio's Pizza franchise? Bank - Oklahoma has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mazzio's Pizza franchise? If so, here's a 2005 SBA franchise loan that you should know about. Bank - Oklahoma was the lender and the entrepreneur was based in Edmond, Oklahoma.

SBA Loan Borrower

MAZZIO
EDMOND, OK 73034

SBA Loan Lender

BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172

When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

4/26/2005

Loan Approval Gross Amount

$1,220,285

Loan Approval from the SBA

Of the total $1,220,285 loan amount, the SBA guaranteed $915,214.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mazzio's Pizza franchise. At the time of the loan, the company had 135 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Mazzio's Pizza

Raising Venture Capital

SBA Banks in Tulsa, Oklahoma

Where to Get an SBA Loan Oklahoma