California Entrepreneur Secures Financing to Buy Wingstop Restaurant Franchise

Need money to buy a Wingstop Restaurant franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.

Wingstop Restaurant franchise loans are available to Tracy, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Washington Mutual Bank, based in Irving, Texas, issued an SBA franchise loan for a Wingstop Restaurant franchise in 2002. We've got all the details on this California small business loan.

SBA Loan Borrower

WINGSTOP
TRACY, CA 95376

SBA Loan Lender

WASHINGTON MUTUAL BANK
6341 E CAMPUS CIRCLE DR
IRVING, TX 75063

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to our country's hard-working small business owners.

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

2/13/2002

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 6 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Mutual Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

Business Credit Evaluation

Best Banks for Small Business in Irving, Texas

Texas SBA 7A Lenders