Virginia Entrepreneur Secures Financing to Buy Wings-N-Things Franchise
Need a loan to invest in a Wings-N-Things franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Wings-N-Things franchise shouldn't be too tough. In 2006, Newtek Small Business Finance Inc. issued an SBA franchise loan to an entrepreneur in Gainesville, Virginia. Because Wings-N-Things was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis.
SBA Loan Borrower
WINGS-PIZZA-N-THINGS
GAINESVILLE, VA 20155
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
12/8/2006
Loan Approval Gross Amount
$396,000
Loan Approval from the SBA
Of the total $396,000 loan amount, the SBA guaranteed $297,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wings-N-Things franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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Wings-N-Things Restaurant
Raising Venture Capital
Small Business Banks in New York, New York
New York SBA Banks