Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Carson, California Small Business Owners

 

 
Loan Census SBA Loan Info

Carson, CA Entrepreneur Gets SBA Loan to Buy Wingstop Restaurant Franchise

Need money to invest in a Wingstop Restaurant franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Wingstop Restaurant franchise loans are available to Carson, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Western Bank, based in Escondido, California, issued an SBA franchise loan for a Wingstop Restaurant franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

WINGSTOP RESTAURANT
CARSON, CA 90745

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/21/2003

Loan Approval Gross Amount

$198,000

Loan Approval from the SBA

Of the total $198,000 loan amount, the SBA guaranteed $148,500.

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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Carson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

Strategic Investors

SBA 7A Banks in Escondido, California

California SBA Bank Lenders