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May 2, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > New York City, Business Loans > Banco Popular North America New York City Business Loans > Wingstop Loan | ||||
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Requirements for Borrowing Money to Buy a Franchise
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Borrow Money to Buy a Wingstop Restaurant FranchiseNeed money to buy a Wingstop Restaurant franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Wingstop Restaurant franchise? If so, here's a 2006 SBA franchise loan that you should know about. Banco Popular North America was the lender and the entrepreneur was based in Glendale, Arizona. SBA Loan Borrower WINGSTOP SBA Loan Lender BANCO POPULAR NORTH AMERICA This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/18/2006 Loan Approval Gross Amount $280,100 Loan Approval from the SBA Of the total $280,100 loan amount, the SBA guaranteed $210,075. 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 only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 9 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $280,100. How would you spend $280,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA Banks in New York City, New York
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