Houston, TX Entrepreneur Gets SBA Loan to Buy Bw-3 buffalo Wings And Weck Franchise

Borrowing money to buy a Bw-3 buffalo Wings And Weck franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Bw-3 buffalo Wings And Weck franchise shouldn't be too tough. In 2002, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Bw-3 buffalo Wings And Weck was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

WILD WINGS GRILL & BAR
HOUSTON, TX 77042

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/22/2002

Loan Approval Gross Amount

$807,000

Loan Approval from the SBA

Of the total $807,000 loan amount, the SBA guaranteed $485,491.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bw-3 buffalo Wings And Weck franchise. At the time of the loan, the company had 100 employees. The SBA loan application for the borrower indicated that the loan would help generate 150 new jobs and retain 100 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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