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December 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Wild Wings Grill & Bar Loan | ||||
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Loans to Buy a Franchise in Texas
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Houston, TX Entrepreneur Gets SBA Loan to Buy Bw-3 buffalo Wings And Weck FranchiseBorrowing 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 SBA Loan Lender WACHOVIA SBA LENDING, INC. 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. Related Links: Family and Friend Investors - Your First Financiers Good Banks for Small Business in Roseville, California
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