Loan to Buy Wild Birds Unlimited Franchise Issued By Regions Bank

Need a loan to purchase a Wild Birds Unlimited franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Wild Birds Unlimited franchise loans are available to Oakville, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Memphis, Tennessee, issued an SBA franchise loan for a Wild Birds Unlimited franchise in 2001. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

WILD BIRDS UNLIMITED OF ST. LO
OAKVILLE, MO 63129

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

8/16/2001

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 an existing business. This loan was used to buy a Wild Birds Unlimited franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

Wild Birds Unlimited, Inc.

A Company That Helps Entrepreneurs

Best Banks for Small Business in Memphis, Tennessee

Find an SBA Lender in Tennessee