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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Wingstop Loan | ||||
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Costa Mesa, California Bank for SBA Loans
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California Entrepreneur Secures Financing to Buy Wingstop Restaurant FranchiseNeed money to buy a Wingstop Restaurant franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Costa Mesa, California needed money to invest in a Wingstop Restaurant franchise back in 2006. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower WINGSTOP SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/3/2006 Loan Approval Gross Amount $342,800 Loan Approval from the SBA Of the total $342,800 loan amount, the SBA guaranteed $257,100. 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 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 2 existing jobs. 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 Ups Capital Business Credit 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. Related Links: Determining Proper Capital Structure for a Business Small Business Banks in Windsor, Connecticut Getting a Business Loan in Connecticut
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