El Cajon, CA Entrepreneur Gets SBA Loan to Buy Wienerschnitzel Franchise
Need a loan to buy a Wienerschnitzel franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
If you live near El Cajon, California and are interested in buying a Wienerschnitzel franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Ups Capital Business Credit. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
WIENERSCHNITZEL
EL CAJON, CA 92020
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
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
7/11/2006
Loan Approval Gross Amount
$519,000
Loan Approval from the SBA
Of the total $519,000 loan amount, the SBA guaranteed $389,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wienerschnitzel franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 23 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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