Borrow Money to Buy a Taqueria Arandas Franchise

Need money to buy a Taqueria Arandas franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Taqueria Arandas franchise is doable. In 2002, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Taqueria Arandas was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

TAQUERIA ARANDAS NO 13 INC
HOUSTON, TX 77083

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

This lender provides SBA loan for small businesses 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

9/28/2002

Loan Approval Gross Amount

$905,000

Loan Approval from the SBA

Of the total $905,000 loan amount, the SBA guaranteed $678,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taqueria Arandas franchise. At the time of the loan, the company had 16 employees. The SBA loan application for the borrower indicated that the loan would help generate 35 new jobs and retain 16 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $905,000. How would you spend $905,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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