Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Requirements for Financing a Franchise

 

 
Loan Census SBA Loan Info

Wisconsin Entrepreneur Secures Financing to Buy Buffalo Wild Wings Grill & Bar Franchise

Need money to purchase a Buffalo Wild Wings Grill & Bar franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

If you live near Fitchburg, Wisconsin and are interested in buying a Buffalo Wild Wings Grill & Bar franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by U.S. Bank National Association. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

WINGS ON MAYFAIR LLC
FITCHBURG, WI 53719

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/11/2003

Loan Approval Gross Amount

$115,500

Loan Approval from the SBA

Of the total $115,500 loan amount, the SBA guaranteed $57,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had 48 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 53 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.

We can help you find the best banks for small businesses in Fitchburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Buffalo Wild Wings Grill & Bar

Realistic Debt Financing Options

Who Lends Money to Small Businesses in Cincinnati, Ohio

SBA Participating Banks in Ohio