Texas Entrepreneur Secures Financing to Buy Church's Fried Chicken Franchise

Borrowing money to purchase a Church's Fried Chicken franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Church's Fried Chicken franchise loans are available to Bedford, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in San Francisco, California, issued an SBA franchise loan for a Church's Fried Chicken franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

KWIK MART CHURCH'S
BEDFORD, TX 76021

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

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.

SIC Code

5541 - Gasoline Service Stations

Loan Approval Date

9/21/2000

Loan Approval Gross Amount

$1,113,000

Loan Approval from the SBA

Of the total $1,113,000 loan amount, the SBA guaranteed $749,939.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Church's Fried Chicken franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of The West are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Church's Chicken

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SBA 7A Banks in San Francisco, California

California SBA 7A Lenders