Slidell, LA Entrepreneur Gets SBA Loan to Buy Buffalo Wings & Rings Franchise

Borrowing money to invest in a Buffalo Wings & Rings franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Buffalo Wings & Rings franchise? If so, here's a 2002 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Slidell, Louisiana.

SBA Loan Borrower

BUFFALO WILD WINGS
SLIDELL, LA 70458

SBA Loan Lender

WELLS FARGO BANK
7900 XERXES AVE SOUTH
BLOOMINGTON, MN 55431

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/7/2002

Loan Approval Gross Amount

$649,000

Loan Approval from the SBA

Of the total $649,000 loan amount, the SBA guaranteed $486,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Buffalo Wings & Rings franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Buffalo Wings & Rings

The Art of Bootstrapping

Small Business Banks in Bloomington, Minnesota

Getting an SBA Loan in Minnesota