Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Business Loans for Ft. Worth Entrepreneurs

 

 
Loan Census SBA Loan Info

The Frost National Bank Provides SBA Loan to Buy Cookie Bouquet Franchise

Need money to buy a Cookie Bouquet franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Ft. Worth, Texas needed money to invest in a Cookie Bouquet franchise back in 2002. The Frost National Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

COOKIE BOUQUET
FT. WORTH, TX 76132

SBA Loan Lender

THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180

This lender issued this bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

445291 - Baked Goods Stores

Loan Approval Date

11/27/2002

Loan Approval Gross Amount

$146,100

Loan Approval from the SBA

Of the total $146,100 loan amount, the SBA guaranteed $124,185.

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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Raising VC Money for Social Networking Companies

Banks in North Richland Hills, Texas

Texas SBA 7A Lenders