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May 3, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Wings Etc Loan | ||||
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Illinois Small Business Funding for Franchises
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Illinois Entrepreneur Secures Financing to Buy Wings Etc. FranchiseNeed money to purchase a Wings Etc. franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Crystal Lake, Illinois and are interested in buying a Wings Etc. franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 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 WINGS ETC SBA Loan Lender WELLS FARGO BANK 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 722110 - Full-Service Restaurants Loan Approval Date 12/22/2005 Loan Approval Gross Amount $320,000 Loan Approval from the SBA Of the total $320,000 loan amount, the SBA guaranteed $240,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Wings Etc. franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 60 new jobs and retain 62 existing jobs. Getting an SBA Loan For Your Business If you want money for new small business in Crystal Lake IL, you ought to talk with a local Crystal Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Crystal Lake businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $320,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in San Jose, California Getting an SBA Loan in California
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