Borrow Money to Buy a Wow Cafe And Wingery Franchise
Borrowing money to purchase a Wow Cafe And Wingery franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Metuchen, New Jersey needed money to invest in a Wow Cafe And Wingery franchise back in 2007. Valley National Bank issued an SBA franchise loan. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
WOW CAFE WINGERY
METUCHEN, NJ 08840
SBA Loan Lender
VALLEY NATIONAL BANK
1334 RTE 22 EAST
NORTH PLAINFIELD, NJ 07060
This lender provides SBA business 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
6/14/2007
Loan Approval Gross Amount
$181,000
Loan Approval from the SBA
Of the total $181,000 loan amount, the SBA guaranteed $135,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wow Cafe And Wingery franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Valley National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
WOW Cafe & Wingery Franchising, LLC
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Best North Plainfield, New Jersey Banks for Small Business
New Jersey SBA 7A Lenders