Wells Fargo Bank Provides SBA Loan to Buy Off The Grill Franchise

Need a loan to buy an Off The Grill franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Off The Grill franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Phoenix, Arizona, issued an SBA franchise loan for an Off The Grill franchise in 2001. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

OFF THE GRILL
PHOENIX, AZ 85032

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

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

5/10/2001

Loan Approval Gross Amount

$175,600

Loan Approval from the SBA

Of the total $175,600 loan amount, the SBA guaranteed $131,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Off The Grill franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the funding would help create 15 new jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Off the Grill Franchising

Attracting Investors

Best Banks for Small Business in Phoenix, Arizona

SBA Participating Banks in Arizona