Borrow Money to Buy a Marble Slab Creamery Franchise

Need a loan to buy a Marble Slab Creamery franchise? Citizens Security Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Jenks, Oklahoma needed money to invest in a Marble Slab Creamery franchise back in 2007. Citizens Security Bank & Trust issued an SBA franchise loan. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

C & K INC.
JENKS, OK 74037

SBA Loan Lender

CITIZENS SECURITY BANK & TRUST
381 E 141 ST SOUTH
GLENPOOL, OK 74063

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/1/2007

Loan Approval Gross Amount

$551,943

Loan Approval from the SBA

Of the total $551,943 loan amount, the SBA guaranteed $413,957.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 19 employees. The SBA loan application for the borrower indicated that the loan would help generate 12 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Citizens Security Bank & Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Marble Slab Creamery, Inc.

Dealing With Venture Capitalists

SBA 7A Banks for Glenpool, Oklahoma Loans

SBA Participating Banks in Oklahoma