Borrow Money to Buy a Rocky Mountain Chocolate Factory Franchise
Need a loan to buy a Rocky Mountain Chocolate Factory franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.
If you live near Boise (corporate Name Boise Ci, Idaho and are interested in buying a Rocky Mountain Chocolate Factory franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Capital One. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
ROCKY MOUNTAIN CHOCOLATE FACTO
BOISE (CORPORATE NAME BOISE CI, ID 83716
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
311330 - Confectionery Manufacturing from Purchased Chocolate
Loan Approval Date
5/10/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing 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.
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 Capital One 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:
Rocky Mountain Chocolate Factory
Getting a Small Business Loan
SBA Participating Banks in Mclean, Virginia
Where to Get an SBA Loan Virginia