Borrow Money to Buy a Wienerschnitzel Franchise
Need money to invest in a Wienerschnitzel franchise? Amer Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Wienerschnitzel franchise shouldn't be overly burdensome. In 2005, Amer Bank issued an SBA franchise loan to an entrepreneur in Corpus Christi, Texas. Because Wienerschnitzel was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
DENCO OF CORPUS, INC.
CORPUS CHRISTI, TX 78415
SBA Loan Lender
AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411
This SBA business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and are well trained in SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/18/2005
Loan Approval Gross Amount
$362,000
Loan Approval from the SBA
Of the total $362,000 loan amount, the SBA guaranteed $271,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Wienerschnitzel franchise. At the time of the loan, the company
had 85 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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