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March 29, 2024  
 
 
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Small Business Banks for Suwanee, Georgia Business Owners

 

 
Loan Census SBA Loan Info

Georgia Entrepreneur Secures Financing to Buy Wild Wing Cafe Franchise

Need a loan to buy a Wild Wing Cafe franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Suwanee, Georgia needed money to invest in a Wild Wing Cafe franchise back in 2003. Bank Of The West issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

WILD WING CAFE
SUWANEE, GA 30024

SBA Loan Lender

BANK OF THE WEST
10069 BRIDGE ST
TRUCKEE, CA 96161

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.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

3/26/2003

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 Wild Wing Cafe franchise. At the time of the loan, the company had 92 employees. This SBA loan request indicated that the loan would help generate 87 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West 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:

Wild Wing Cafe

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Best Truckee, California Banks for Small Business

SBA Participating Banks in California