Texas Entrepreneur Secures Financing to Buy Buffalo Wings & Rings Franchise
Need money to invest in a Buffalo Wings & Rings franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.
If you live near Katy, Texas and are interested in buying a Buffalo Wings & Rings franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Small Business Loan Source LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
TJF, INC. DBA BUFFALO WINGS & RINGS
KATY, TX 77494
SBA Loan Lender
SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056
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
10/10/2007
Loan Approval Gross Amount
$523,000
Loan Approval from the SBA
Of the total $523,000 loan amount, the SBA guaranteed $392,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Buffalo Wings & Rings franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Katy or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Buffalo Wings & Rings
Equity Financing
Who Lends Money to Small Businesses in Houston, Texas
Find an SBA Lender in Texas