Borrow Money to Buy a Wingstop Restaurant Franchise
Borrowing money to purchase a Wingstop Restaurant franchise? United Western Bank has a history of making these loans and they are guaranteed by the SBA.
Wingstop Restaurant franchise loans are available to Ann Arbor, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Western Bank, based in Denver, Colorado, issued an SBA franchise loan for a Wingstop Restaurant franchise in 2004. We've got all the details on this Michigan small business loan.
SBA Loan Borrower
WINGSTOP
ANN ARBOR, MI 48108
SBA Loan Lender
UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
2/13/2004
Loan Approval Gross Amount
$207,000
Loan Approval from the SBA
Of the total $207,000 loan amount, the SBA guaranteed $155,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wingstop Restaurant franchise. At the time of the loan, the company
had 17 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan 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 publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
WingStop Restaurants Inc.
Obtaining Funding - Friends and Family
Best Banks in Denver, Colorado
Colorado SBA 7A Lenders