Raising Money for Specialty Food Stores
Looking for bank loans for specialty food stores? Try the SBA. This $49,500 specialty food stores loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $49,500 from Bancfirst. The SBA made the loan possible by guaranteeing $42,075 of this Oklahoma small business loan.
SBA Loan Borrower
CUSTARD KING FROZEN CUSTARD IN
6002 S. SHERIDAN
TULSA, OK 74145
SBA Loan Lender
BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - All Other Specialty Food Stores
Loan Approval Date
11/15/2004
Loan Approval Gross Amount
$49,500
Loan Approval from the SBA
Of the total $49,500 loan amount, the SBA guaranteed $42,075.
More Information on This SBA Loan
The borrower, Custard King Frozen Custard In, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bancfirst 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 SBA loan database.
Related Links:
Obtaining Funding From a Venture Capitalist
Best Oklahoma City, Oklahoma Banks for Small Business
SBA Lenders in Oklahoma
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