Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Bank - Oklahoma Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Oklahoma Entrepreneur Secures Financing to Buy Postal Connections Of America Franchise

Borrowing money to buy a Postal Connections Of America franchise? Bank - Oklahoma has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Connections Of America franchise is doable. In 2007, Bank - Oklahoma issued an SBA franchise loan to an entrepreneur in Tulsa, Oklahoma. Because Postal Connections Of America was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

POSTAL CONNECTIONS U.S.A.
TULSA, OK 74133

SBA Loan Lender

BANK - OKLAHOMA
7701 S WESTERN
OKLAHOMA CITY, OK 73139

This bank 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.

NAICS Code

561439 - Business Service Centers

Loan Approval Date

4/5/2007

Loan Approval Gross Amount

$137,500

Loan Approval from the SBA

Of the total $137,500 loan amount, the SBA guaranteed $116,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Postal Connections Of America franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the funding would help create 2 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank - Oklahoma are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Postal Connections of America

504 Loans

SBA 7A Lenders in Oklahoma City, Oklahoma

Oklahoma SBA Banks