Tulsa, OK Entrepreneur Gets SBA Loan to Buy Cheezies Pizza Franchise

Need a loan to invest in a Cheezies Pizza franchise? Onb Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

If you live near Tulsa, Oklahoma and are interested in buying a Cheezies Pizza franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Onb Bank And Trust Company. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CHEEZIES PIZZA
1423 W YOUNG ST
TULSA, OK 74127

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/26/2007

Loan Approval Gross Amount

$97,300

Loan Approval from the SBA

Of the total $97,300 loan amount, the SBA guaranteed $82,705.

More Information on This SBA Loan

The borrower, Cheezies Pizza, borrowed this money for a new business. This loan was used to buy a Cheezies Pizza franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

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.

This SBA loan was for $97,300. How would you spend $97,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Cheezies Pizza, 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 SBA loan database.

Related Links:

Small Business Credit Cards

Where to Get an SBA Loan in Tulsa, Oklahoma

Oklahoma SBA 7A Lenders

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