Charlotte, NC Entrepreneur Gets SBA Loan to Buy Wing Zone Franchise

Need a loan to invest in a Wing Zone franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Wing Zone franchise loans are available to Charlotte, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Dallas, Texas, issued an SBA franchise loan for a Wing Zone franchise in 2004. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

SAS WING CORPORATION
CHARLOTTE, NC 28270

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

722211 - Limited-Service Restaurants

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$164,300

Loan Approval from the SBA

Of the total $164,300 loan amount, the SBA guaranteed $123,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wing Zone franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

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

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