Premier Bank Provides SBA Loan to Buy Wingstop Restaurant Franchise
Borrowing money to buy a Wingstop Restaurant franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Wingstop Restaurant franchise may simply require a phone call to a local SBA banker. In 2003, Premier Bank issued an SBA franchise loan to an entrepreneur in Aurora, Colorado. Because Wingstop Restaurant was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.
SBA Loan Borrower
WINGSTOP @ AURORA CITY SHOPPIN
AURORA, CO 80012
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
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
11/26/2003
Loan Approval Gross Amount
$204,000
Loan Approval from the SBA
Of the total $204,000 loan amount, the SBA guaranteed $153,000.
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 only one employee. The loan application indicated that the borrowed money would help generate 15 new jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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.
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