Lubbock, TX Entrepreneur Gets SBA Loan to Buy Buffalo Wild Wings Grill & Bar Franchise

Borrowing money to invest in a Buffalo Wild Wings Grill & Bar franchise? American State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Buffalo Wild Wings Grill & Bar franchise requires some effort but others before you have been successful. In 2003, American State Bank issued an SBA franchise loan to an entrepreneur in Lubbock, Texas. Because Buffalo Wild Wings Grill & Bar was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

BUFFALO WILD WINGS
LUBBOCK, TX 79423

SBA Loan Lender

AMERICAN STATE BANK
1401 AVE 'Q'
LUBBOCK, TX 79401

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/16/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had 100 employees. The SBA loan documents indicated that the loan would help create 100 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like American State Bank and they will explain how you can get an SBA loan for your company.

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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Buffalo Wild Wings Grill & Bar

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