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May 3, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Philly Soft Pretzel Factory Franchise Issued By Firstrust Savings Bank

Need a loan to invest in a Philly Soft Pretzel Factory franchise? Firstrust Savings Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Elizabethtown, Pennsylvania needed money to invest in a Philly Soft Pretzel Factory franchise back in 2007. Firstrust Savings Bank issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

PHILLY SOFT PRETZEL FACTORY
ELIZABETHTOWN, PA 17022

SBA Loan Lender

FIRSTRUST SAVINGS BANK
15 E RIDGE PIKE
CONSHOHOCKEN, PA 19428

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

445291 - Baked Goods Stores

Loan Approval Date

5/31/2007

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $45,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Philly Soft Pretzel Factory franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Philly Soft Pretzel Factory

Accountant's Role in Securing Financing

SBA 7A Banks in Conshohocken, Pennsylvania

SBA Lenders in Pennsylvania