Borrow Money to Buy a Kentucky Fried Chicken Franchise

Borrowing money to buy a Kentucky Fried Chicken franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.

Kentucky Fried Chicken franchise loans are available to Gillette, Wyoming entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American National Bank, based in Worland, Wyoming, issued an SBA franchise loan for a Kentucky Fried Chicken franchise in 2001. We've got all the details on this Wyoming small business loan.

SBA Loan Borrower

COLONEL OF LARAMIE,CHEYENNE
GILLETTE, WY 82716

SBA Loan Lender

AMERICAN NATIONAL BANK
700 BIG HORN AVE
WORLAND, WY 82401

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

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

7/13/2001

Loan Approval Gross Amount

$425,000

Loan Approval from the SBA

Of the total $425,000 loan amount, the SBA guaranteed $318,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kentucky Fried Chicken franchise. At the time of the loan, the company had 128 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from American National Bank 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:

KFC Corporation

Direct Public Offerings

SBA 7A Banks in Worland, Wyoming

Getting an SBA Loan in Wyoming