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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Dallas, TX Entrepreneur Gets SBA Loan to Buy Williams Licensing Co. Inc. Franchise

Borrowing money to purchase a Williams Licensing Co. Inc. franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Dallas, Texas needed money to invest in a Williams Licensing Co. Inc. franchise back in 2007. Southwest Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

WILLIAMS CHICKEN
DALLAS, TX 75211

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

This lender provides SBA bank 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

10/11/2007

Loan Approval Gross Amount

$348,000

Loan Approval from the SBA

Of the total $348,000 loan amount, the SBA guaranteed $261,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Williams Licensing Co. Inc. franchise. At the time of the loan, the company had 22 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Southwest Bank and they will explain how you can get an SBA loan for your company.

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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