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November 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > National Bank Of Arizona Phoenix Business Loans > Buffalo Wings & Rings Loan | ||||
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SBA Franchise Financing Lender Avondale Arizona
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Avondale, AZ Entrepreneur Gets SBA Loan to Buy Buffalo Wings & Rings FranchiseNeed a loan to purchase a Buffalo Wings & Rings franchise? National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Avondale, Arizona needed money to invest in a Buffalo Wings & Rings franchise back in 2007. National Bank Of Arizona issued an SBA franchise loan. Here are the details on this Arizona small business loan. SBA Loan Borrower BUFFALO WINGS & RINGS SBA Loan Lender NATIONAL BANK OF ARIZONA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/13/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Buffalo Wings & Rings franchise. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find other ways to get money to start a business, 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:
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