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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mcallen, Business Loans > Texas State Bank Mcallen Business Loans > Cookie Bouquet Loan | ||||
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I Need an SBA Loan to Buy a Franchise in Brownsville, Texas
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Texas State Bank Provides SBA Loan to Buy Cookie Bouquet FranchiseNeed a loan to invest in a Cookie Bouquet franchise? Texas State Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Brownsville, Texas and are interested in buying a Cookie Bouquet franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Texas State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower COOKIE BOUQUET SBA Loan Lender TEXAS STATE BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445230 - Fruit and Vegetable Markets Loan Approval Date 7/10/2002 Loan Approval Gross Amount $86,700 Loan Approval from the SBA Of the total $86,700 loan amount, the SBA guaranteed $73,695. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cookie Bouquet franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours 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: Who Lends Money to Small Businesses in Mcallen, Texas
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