Loan to Buy Chicken Express Franchise Issued By Compass Bank

Need money to purchase a Chicken Express franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Chicken Express franchise shouldn't be overly burdensome. In 2001, Compass Bank issued an SBA franchise loan to an entrepreneur in Fort Worth, Texas. Because Chicken Express was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

CHICKEN EXPRESS EAGLE RANCH
FORT WORTH, TX 75179

SBA Loan Lender

COMPASS BANK
8875 HWY 80 WEST
FORT WORTH, TX 76116

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

10/19/2001

Loan Approval Gross Amount

$250,600

Loan Approval from the SBA

Of the total $250,600 loan amount, the SBA guaranteed $187,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Chicken Express franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.

We can help you find the best banks for small businesses in Fort Worth 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.

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