Tulsa, OK Entrepreneur Gets SBA Loan to Buy Mr. Goodcents Sub' And Pasta Franchise

Borrowing money to invest in a Mr. Goodcents Sub' And Pasta franchise? Tulsa National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Mr. Goodcents Sub' And Pasta franchise may simply require a phone call to a local SBA banker. In 2001, Tulsa National Bank issued an SBA franchise loan to an entrepreneur in Tulsa, Oklahoma. Because Mr. Goodcents Sub' And Pasta was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

MR. GOODCENTS SUBS & PASTAS
8501 EAST 93RD STREET SOUTH
TULSA, OK 74133

SBA Loan Lender

TULSA NATIONAL BANK
7120 S LEWIS AVE
TULSA, OK 74136

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.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/18/2001

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower, Mr. Goodcents Subs & Pastas, borrowed this money for an existing business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 17 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 9/30/2003.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Mr. Goodcents Subs & Pastas 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:

Mr. Goodcents Subs & Pastas

The Friends and Family Network

Where to Get an SBA Loan in Tulsa, Oklahoma

Find an SBA Lender in Oklahoma

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