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

Business Loans for Indianapolis Business Owners

 

 
Loan Census SBA Loan Info

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

Borrowing money to buy a Buffalo Wild Wings Grill & Bar franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Buffalo Wild Wings Grill & Bar franchise requires some effort but others before you have been successful. In 2003, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Indianapolis, Indiana. Because Buffalo Wild Wings Grill & Bar was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower

BUFFALO WILD WINGS GRILL & BAR
INDIANAPOLIS, IN 46236

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

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

722211 - Limited-Service Restaurants

Loan Approval Date

9/22/2003

Loan Approval Gross Amount

$713,100

Loan Approval from the SBA

Of the total $713,100 loan amount, the SBA guaranteed $534,825.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Buffalo Wild Wings Grill & Bar franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Buffalo Wild Wings Grill & Bar

Business Credit Evaluation

Good Banks for Small Business in Minneapolis, Minnesota

SBA Participating Banks in Minnesota