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March 28, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Roanoke, Texas?

 

 
Loan Census SBA Loan Info

Loan to Buy Wings To Go Franchise Issued By The Frost National Bank

Borrowing money to purchase a Wings To Go franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Wings To Go franchise? If so, here's a 2001 SBA franchise loan that you should know about. The Frost National Bank was the lender and the entrepreneur was based in Roanoke, Texas.

SBA Loan Borrower

WINGS TO GO
ROANOKE, TX 76262

SBA Loan Lender

THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/1/2001

Loan Approval Gross Amount

$119,800

Loan Approval from the SBA

Of the total $119,800 loan amount, the SBA guaranteed $101,830.

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 9 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Wings To Go

Accountant's Role in Securing Financing

SBA 7A Banks for San Antonio, Texas Loans

SBA Texas Lenders