Wells Fargo Bank Provides SBA Loan to Buy Bw-3 buffalo Wings And Weck Franchise

Need a loan to purchase a Bw-3 buffalo Wings And Weck franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Avon Lake, Ohio needed money to invest in a Bw-3 buffalo Wings And Weck franchise back in 2004. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan.

SBA Loan Borrower

BUFFALO WILD WINGS
AVON LAKE, OH 44012

SBA Loan Lender

WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104

When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program was created to offer expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/8/2004

Loan Approval Gross Amount

$279,000

Loan Approval from the SBA

Of the total $279,000 loan amount, the SBA guaranteed $209,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bw-3 buffalo Wings And Weck franchise. At the time of the loan, the company had 40 employees. The loan application 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 guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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