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March 29, 2024  
 
 
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Where to Get a Small Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Hartz Chicken Buffet Franchise

Need a loan to buy a Hartz Chicken Buffet franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Hartz Chicken Buffet franchise is doable. In 2000, Washington Mutual Bank issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Hartz Chicken Buffet was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

HARTZ KRISPY CHICKEN N ROLLS
HOUSTON, TX 77029

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

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.

SIC Code

5812 - Eating Places

Loan Approval Date

9/18/2000

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Hartz Chicken Buffet franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help generate 10 new jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Houston TX, you ought to talk with a local Houston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Houston businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Washington Mutual 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:

Business Line of Credit

Small Business Banks in Henderson, Nevada

SBA Participating Banks in Nevada