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March 28, 2024  
 
 
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Moore, Oklahoma Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Mazzio's Pizza Franchise

Need money to buy a Mazzio's Pizza franchise? Chickasha Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

Mazzio's Pizza franchise loans are available to Moore, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Chickasha Bank & Trust Company, based in Chickasha, Oklahoma, issued an SBA franchise loan for a Mazzio's Pizza franchise in 2001. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

MAZZIO'S PIZZA RESTAURANT
MOORE, OK 73160

SBA Loan Lender

CHICKASHA BANK & TRUST COMPANY
1924 S 4TH ST
CHICKASHA, OK 73018

This small business 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.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/23/2001

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mazzio's Pizza franchise. At the time of the loan, the company had 43 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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 Chickasha Bank & Trust Company 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:

Mazzio's Pizza

Getting a Small Business Loan

SBA Banks in Chickasha, Oklahoma

Oklahoma SBA 7A Banks