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December 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > North Richland Hills, Business Loans > The Frost National Bank North Richland Hills Business Loans > Wingstop Loan | ||||
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Raising Money in Richardson, Texas With SBA Loans
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The Frost National Bank Provides SBA Loan to Buy Wingstop Restaurant FranchiseNeed a loan to purchase a Wingstop Restaurant franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Wingstop Restaurant franchise? If so, here's a 2005 SBA franchise loan that you should know about. The Frost National Bank was the lender and the entrepreneur was based in Richardson, Texas. SBA Loan Borrower WINGSTOP SBA Loan Lender THE FROST NATIONAL BANK This lender provides SBA 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 722211 - Limited-Service Restaurants Loan Approval Date 5/12/2005 Loan Approval Gross Amount $128,000 Loan Approval from the SBA Of the total $128,000 loan amount, the SBA guaranteed $96,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Wingstop Restaurant franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. We've showcased information on this loan to let you know that businesses like yours 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: SBA Approved Banks in North Richland Hills, Texas Where to Get an SBA Loan Texas
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