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| Entrepreneur Resources | Bank - Oklahoma Tulsa Business Loans | ||||
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I Need a Small Business Loan to Buy a Franchise in Tulsa, Oklahoma
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Oklahoma Entrepreneur Secures Financing to Buy Curves For Women FranchiseBorrowing money to invest in a Curves For Women franchise? Bank - Oklahoma 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 Curves For Women franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Bank - Oklahoma. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CURVES SBA Loan Lender BANK - OKLAHOMA This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 8/18/2005 Loan Approval Gross Amount $98,000 Loan Approval from the SBA Of the total $98,000 loan amount, the SBA guaranteed $83,300. More Information on This SBA Loan The borrower, Curves, borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. Curves recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Who Lends Money to Small Businesses in Tulsa, Oklahoma SBA Participating Banks in Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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