Loan to Buy Wings To Go Franchise Issued By Coastway Cu

Borrowing money to buy a Wings To Go franchise? Coastway Cu has a history of making these loans and they are guaranteed by the SBA.

Wings To Go franchise loans are available to New Bedford, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Coastway Cu, based in Cranston, Rhode Island, issued an SBA franchise loan for a Wings To Go franchise in 2005. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

WINGS TO GO
NEW BEDFORD, MA 02740

SBA Loan Lender

COASTWAY CU
25 LOVELL AVE
CRANSTON, RI 02920

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

2/7/2005

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wings To Go franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Coastway Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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