Wells Fargo Bank Provides SBA Loan to Buy Buffalo Wild Wings Grill & Bar Franchise

Need a loan to purchase a Buffalo Wild Wings Grill & Bar franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Wooster, Ohio and are interested in buying a Buffalo Wild Wings Grill & Bar franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BUFFALO WILD WINGS GRILL & BAR
WOOSTER, OH 44691

SBA Loan Lender

WELLS FARGO BANK
90 S 7TH ST
MINNEAPOLIS, MN 55402

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/13/2003

Loan Approval Gross Amount

$560,100

Loan Approval from the SBA

Of the total $560,100 loan amount, the SBA guaranteed $420,075.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had 70 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels 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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo 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:

Buffalo Wild Wings Grill & Bar

Angel Investors

Best Banks for Small Business in Minneapolis, Minnesota

Getting an SBA Loan in Minnesota