Loan to Buy Dick's Wings & Grill Franchise Issued By First Fed. Bank - No. Florida

Need a loan to invest in a Dick's Wings & Grill franchise? First Fed. Bank - No. Florida has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Dick's Wings & Grill franchise shouldn't be too tough. In 2004, First Fed. Bank - No. Florida issued an SBA franchise loan to an entrepreneur in St. Augustine, Florida. Because Dick's Wings & Grill was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

DICK'S WINGS & GRILL
ST. AUGUSTINE, FL 32084

SBA Loan Lender

FIRST FED. BANK - NO. FLORIDA
511 ST. JOHNS AVE
PALATKA, FL 32177

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.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

12/22/2004

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dick's Wings & Grill franchise. At the time of the loan, the company had 36 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First Fed. Bank - No. Florida so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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