Bancfirst Provides SBA Loan to Buy Hobbytown Usa Franchise

Need money to purchase a Hobbytown Usa franchise? Bancfirst 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 Hobbytown Usa franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Bancfirst. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

HOBBY TOWN USA
7107 SOUTH YALE, #160
TULSA, OK 74136

SBA Loan Lender

BANCFIRST
101 N BROADWAY, STE 1050
OKLAHOMA CITY, OK 73102

This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a deep knowledge SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

6/3/2003

Loan Approval Gross Amount

$155,000

Loan Approval from the SBA

Of the total $155,000 loan amount, the SBA guaranteed $116,250.

More Information on This SBA Loan

The borrower, Hobby Town Usa, borrowed this money for a new business. This loan was used to buy a Hobbytown Usa franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bancfirst that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

HobbyTown USA

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Small Business Banks in Oklahoma City, Oklahoma

SBA Participating Banks in Oklahoma

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