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April 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Charlotte, Business Loans > Bank Of America Charlotte Business Loans > Dana M. Blaugrund Dba Candy Bo Loan | ||||
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SBA 7A Banks for Irving Franchise Buyers
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Irving, TX Entrepreneur Gets SBA Loan to Buy Candy Bouquet,Inc FranchiseBorrowing money to purchase a Candy Bouquet,Inc franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Irving, Texas needed money to invest in a Candy Bouquet,Inc franchise back in 2004. Bank Of America issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower DANA M. BLAUGRUND DBA CANDY BO SBA Loan Lender BANK OF AMERICA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 7/23/2004 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Candy Bouquet,Inc 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 promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Irving or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Lenders in Charlotte, North Carolina
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