American National Bank Provides SBA Loan to Buy Wingstop Restaurant Franchise
Need money to invest in a Wingstop Restaurant franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.
Wingstop Restaurant franchise loans are available to Omaha, Nebraska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American National Bank, based in Omaha, Nebraska, issued an SBA franchise loan for a Wingstop Restaurant franchise in 2004. We've got all the details on this Nebraska small business loan.
SBA Loan Borrower
WINGSTOP
OMAHA, NE 68134
SBA Loan Lender
AMERICAN NATIONAL BANK
8990 W DODGE RD
OMAHA, NE 68114
This lender issued this SBA business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
4/14/2004
Loan Approval Gross Amount
$187,500
Loan Approval from the SBA
Of the total $187,500 loan amount, the SBA guaranteed $140,625.
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 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 10 new jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
WingStop Restaurants Inc.
Obtaining Funding - Getting Venture Capital
Small Business Banks in Omaha, Nebraska
Find an SBA Lender in Nebraska