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| Entrepreneur Resources | Onb Bank And Trust Company Tulsa Business Loans | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Tulsa, OK Entrepreneur Gets SBA Loan to Buy Huntington Learning Center FranchiseNeed money to purchase a Huntington Learning Center 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 Huntington Learning Center franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 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 HUNTINGTON LEARNING CENTER SBA Loan Lender ONB BANK AND TRUST COMPANY This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611691 - Exam Preparation and Tutoring Loan Approval Date 6/16/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower, Huntington Learning Center, borrowed this money for a new business. This loan was used to buy a Huntington Learning Center franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 3/30/2006. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan to Huntington Learning Center shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Huntington Learning Center, Inc. Obtaining Funding - How to Borrow Money Find an SBA Lender 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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