Borrow Money to Buy a Wingstop Restaurant Franchise
Borrowing money to buy a Wingstop Restaurant franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Wingstop Restaurant franchise? If so, here's a 2006 SBA franchise loan that you should know about. Ups Capital Business Credit was the lender and the entrepreneur was based in Brownsville, Texas.
SBA Loan Borrower
WING STOP
BROWNSVILLE, TX 78522
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/20/2006
Loan Approval Gross Amount
$277,000
Loan Approval from the SBA
Of the total $277,000 loan amount, the SBA guaranteed $207,750.
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 2 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 24 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you want money for start up 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.
Related Links:
WingStop Restaurants Inc.
How Equity Dilution Works
Good Banks for Small Business in Windsor, Connecticut
SBA Lenders in Connecticut