Montana Entrepreneur Secures Financing to Buy Wow Cafe And Wingery Franchise

Need a loan to buy a Wow Cafe And Wingery franchise? First Security Bank - Missoula has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Wow Cafe And Wingery franchise shouldn't be overly burdensome. In 2004, First Security Bank - Missoula issued an SBA franchise loan to an entrepreneur in Missoula, Montana. Because Wow Cafe And Wingery was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

WOW CAFE & WINGERY
MISSOULA, MT 59802

SBA Loan Lender

FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801

This lender provides SBA guaranteed bank 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

722110 - Full-Service Restaurants

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$155,000

Loan Approval from the SBA

Of the total $155,000 loan amount, the SBA guaranteed $116,250.

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. This SBA loan request indicated that the loan would help generate 21 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Missoula MT, you ought to talk with a local Missoula SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Missoula businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Security Bank - Missoula had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Security Bank - Missoula made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

Business Line of Credit

SBA Participating Banks in Missoula, Montana

SBA Montana Banks