Borrow Money to Buy a Wingstop Restaurant Franchise
Borrowing money to purchase a Wingstop Restaurant franchise? United Western Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Wingstop Restaurant franchise may simply require a phone call to a local SBA banker. In 2005, United Western Bank issued an SBA franchise loan to an entrepreneur in San Marcos, Texas. Because Wingstop Restaurant was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
WINGSTOP
SAN MARCOS, TX 78666
SBA Loan Lender
UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
1/5/2005
Loan Approval Gross Amount
$214,000
Loan Approval from the SBA
Of the total $214,000 loan amount, the SBA guaranteed $160,500.
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 only one employee. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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SBA Banks in Denver, Colorado
Find an SBA Lender in Colorado