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| Entrepreneur Resources | The Exchange Bank Skiatook Business Loans | ||||
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Is It Possible to Borrow Money for a Franchise in Tulsa, Oklahoma?
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Loan to Buy Maggiemoo's ice Cream Franchise Issued By The Exchange BankNeed money to purchase a Maggiemoo's ice Cream franchise? The Exchange Bank has a history of making these loans and they are guaranteed by the SBA.
Maggiemoo's ice Cream franchise loans are available to Tulsa, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Exchange Bank, based in Skiatook, Oklahoma, issued an SBA franchise loan for a Maggiemoo's ice Cream franchise in 2005. We've got all the details on this Oklahoma small business loan. SBA Loan Borrower MAGGIE MOOS AT KINGSPOINT SBA Loan Lender THE EXCHANGE BANK 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 4/27/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower, Maggie Moos At Kingspoint, borrowed this money for a new business. This loan was used to buy a Maggiemoo's ice Cream franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Maggie Moos At Kingspoint 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: MaggieMoo's International, LLC Family and Friend Investors - Your First Financiers Best Skiatook, Oklahoma Banks for Small Business Getting an SBA Loan 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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