Arlington, VA Entrepreneur Gets SBA Loan to Buy Popeye's Famous Fried Chicken Franchise
Borrowing money to purchase a Popeye's Famous Fried Chicken franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
Popeye's Famous Fried Chicken franchise loans are available to Arlington, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Popeye's Famous Fried Chicken franchise in 2002. We've got all the details on this Virginia small business loan.
SBA Loan Borrower
POPEYE'S CHICKEN
ARLINGTON, VA 22202
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/22/2002
Loan Approval Gross Amount
$433,000
Loan Approval from the SBA
Of the total $433,000 loan amount, the SBA guaranteed $324,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Popeye's Famous Fried Chicken franchise. At the time of the loan, the company
had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $433,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Popeyes Chicken & Biscuits
Realistic Debt Financing Options
Small Bank Loans in Roseville, California
California SBA 7A Lenders