 |
 |
December 4, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Lubbock, Business Loans > American State Bank Lubbock Business Loans > Wingstop Loan | ||||
 |
||||
I Need an SBA Loan to Buy a Franchise in Fort Worth, Texas
|
||||
 |
American State Bank Provides SBA Loan to Buy Wingstop Restaurant FranchiseBorrowing money to buy a Wingstop Restaurant franchise? American State Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Wingstop Restaurant franchise? If so, here's a 2006 SBA franchise loan that you should know about. American State Bank was the lender and the entrepreneur was based in Fort Worth, Texas. SBA Loan Borrower WINGSTOP SBA Loan Lender AMERICAN STATE BANK This lender provides SBA debt financing 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 5/16/2006 Loan Approval Gross Amount $171,000 Loan Approval from the SBA Of the total $171,000 loan amount, the SBA guaranteed $128,250. 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 12 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 12 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. American State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, American State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Realistic Debt Financing Options SBA 7A Lenders in Lubbock, Texas
|
|
||
|
||||
|
|
||||