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May 5, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Fayetteville, Business Loans > Arvest Bank Fayetteville Business Loans > Taco Palace Loan | ||||
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SBA Franchise Financing Lender Stilwell Oklahoma
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Loan to Buy Taco Palace Franchise Issued By Arvest BankNeed money to invest in a Taco Palace franchise? Arvest Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Taco Palace franchise? If so, here's a 2004 SBA franchise loan that you should know about. Arvest Bank was the lender and the entrepreneur was based in Stilwell, Oklahoma. SBA Loan Borrower TACO PALACE SBA Loan Lender ARVEST BANK This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 3/30/2004 Loan Approval Gross Amount $30,600 Loan Approval from the SBA Of the total $30,600 loan amount, the SBA guaranteed $15,300. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Taco Palace franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the funding would help generate 12 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Arvest Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Determining Proper Capital Structure for a Business SBA Participating Banks in Fayetteville, Arkansas SBA Participating Banks in Arkansas
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