Loan Census Banking News and Information
July 22, 2024  
  Business Loan Information  

SBA 7A Banks for Enid Franchise Buyers


Loan Census SBA Loan Info

Pacific City Bank Provides SBA Loan to Buy Days Inn Franchise

Need money to buy a Days Inn franchise? Pacific City Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Enid, Oklahoma and are interested in buying a Days Inn franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Pacific City Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

Enid, OK 73703

SBA Loan Lender


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.


721110 - Hotels and Motels

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $800,000 loan amount, the SBA guaranteed $600,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $800,000. How would you spend $800,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

Days Inn Worldwide Inc.

Accountant's Role in Securing Financing

Where to Get an SBA Loan in Los Angeles, California

California SBA 7A Lenders