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May 5, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Libertyville, Business Loans > Harris National Association Libertyville Business Loans > Cinnamonster Loan | ||||
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Tips for Financing a Franchise
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Harris National Association Provides SBA Loan to Buy Cinnamonster retail - Sweetrolls FranchiseNeed a loan to purchase a Cinnamonster retail - Sweetrolls franchise? Harris National Association has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cinnamonster retail - Sweetrolls franchise is doable. In 2001, Harris National Association issued an SBA franchise loan to an entrepreneur in Gurnee, Illinois. Because Cinnamonster retail - Sweetrolls was registered with the SBA's registry of franchises, this Illinois small business loan was issued on an expedited basis. SBA Loan Borrower CINNAMONSTER SBA Loan Lender HARRIS NATIONAL ASSOCIATION This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/7/2001 Loan Approval Gross Amount $208,000 Loan Approval from the SBA Of the total $208,000 loan amount, the SBA guaranteed $156,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cinnamonster retail - Sweetrolls franchise. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Harris National Association and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Libertyville, Illinois Where to Get an SBA Loan Illinois
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