Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Austin, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Which Wich Superior Sandwiches Franchise

Need a loan to purchase a Which Wich Superior Sandwiches franchise? First Western Sblc, Inc has a history of making these loans and they are guaranteed by the SBA.

Which Wich Superior Sandwiches franchise loans are available to Austin, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Western Sblc, Inc, based in Dallas, Texas, issued an SBA franchise loan for a Which Wich Superior Sandwiches franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

WHICH WICH
AUSTIN, TX 78701

SBA Loan Lender

FIRST WESTERN SBLC, INC
17950 PRESTON RD, STE 600,
DALLAS, TX 75252

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/3/2007

Loan Approval Gross Amount

$464,000

Loan Approval from the SBA

Of the total $464,000 loan amount, the SBA guaranteed $348,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Which Wich Superior Sandwiches franchise. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help generate 28 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Western Sblc, Inc are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Which Wich Superior Sandwiches

Business Incubators

SBA Banks in Dallas, Texas

SBA Lenders in Texas