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April 29, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Popeye's Chicken And Biscuits Loan | ||||
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Good Sources for Pueblo SBA Loans
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Pueblo, CO Entrepreneur Gets SBA Loan to Buy Popeye's Famous Fried Chicken FranchiseBorrowing money to invest in a Popeye's Famous Fried Chicken franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Pueblo, Colorado needed money to invest in a Popeye's Famous Fried Chicken franchise back in 2000. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this Colorado small business loan. SBA Loan Borrower POPEYE'S CHICKEN AND BISCUITS SBA Loan Lender WACHOVIA SBA LENDING, INC. As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 5/16/2000 Loan Approval Gross Amount $961,000 Loan Approval from the SBA Of the total $961,000 loan amount, the SBA guaranteed $720,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Popeye's Famous Fried Chicken franchise. At the time of the loan, the company had 90 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 90 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Wachovia Sba Lending, Inc. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 Approved Banks in Roseville, California
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