Montgomery Bank Provides SBA Loan to Buy Buffalo Wild Wings Grill & Bar Franchise

Borrowing money to buy a Buffalo Wild Wings Grill & Bar franchise? Montgomery Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Buffalo Wild Wings Grill & Bar franchise? If so, here's a 2004 SBA franchise loan that you should know about. Montgomery Bank was the lender and the entrepreneur was based in Cape Girardeau, Missouri.

SBA Loan Borrower

ZELLMER LLC
CAPE GIRARDEAU, MO 63701

SBA Loan Lender

MONTGOMERY BANK
1 MONTGOMERY BANK PLZ
SIKESTON, MO 63801

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

5/5/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the loan would help retain 15 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Montgomery Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Montgomery Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Buffalo Wild Wings Grill & Bar

The Friends and Family Network

SBA 7A Banks in Sikeston, Missouri

Missouri SBA Banks