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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Wingstop Loan | ||||
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SBA 7A Banks in California
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Borrow Money to Buy a Wingstop Restaurant FranchiseBorrowing money to buy a Wingstop Restaurant franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Wingstop Restaurant franchise may simply require a phone call to a local SBA banker. In 2002, Comerica Bank issued an SBA franchise loan to an entrepreneur in Long Beach, California. Because Wingstop Restaurant was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower WINGSTOP SBA Loan Lender COMERICA BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 7/10/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Wingstop Restaurant franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! 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 Long Beach 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: Getting a Business Loan in Texas
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