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December 22, 2024  
 
 
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Nevada Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Wings To Go Franchise Issued By Silver State Bank

Need money to invest in a Wings To Go franchise? Silver State Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Las Vegas, Nevada needed money to invest in a Wings To Go franchise back in 2004. Silver State Bank issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

WINGS TO GO- NEVADA
LAS VEGAS, NV 89145

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

This lender provides SBA loans 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

722211 - Limited-Service Restaurants

Loan Approval Date

7/9/2004

Loan Approval Gross Amount

$486,400

Loan Approval from the SBA

Of the total $486,400 loan amount, the SBA guaranteed $364,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wings To Go franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help create 45 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Wings To Go

Banking Deregulation's Effects on Entrepreneurship

SBA Banks in Henderson, Nevada

Nevada SBA 7A Banks