Colorado Entrepreneur Secures Financing to Buy Wingstop Restaurant Franchise

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

Wingstop Restaurant franchise loans are available to Colorado Springs, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Bank, based in Denver, Colorado, issued an SBA franchise loan for a Wingstop Restaurant franchise in 2002. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

WINGS, LLC DBA WINGSTOP
COLORADO SPRINGS, CO 80910

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

This lender provides SBA loan for small businesses 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

722110 - Full-Service Restaurants

Loan Approval Date

4/5/2002

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 only one employee. The SBA loan documents indicated that the borrowed money would help create 6 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $190,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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