Financing for Cookie and Cracker Manufacturing

Looking for loans for cookie and cracker manufacturing? An SBA loan may be just what you've been looking for. This $318,000 cookie and cracker manufacturing loan was issued by an Illinois bank.

This company knew how to go about getting a business bank loan. Based in Moline, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Quad City Bank & Trust, based in Moline, Illinois.

SBA Loan Borrower

COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
MOLINE, IL 61265

SBA Loan Lender

QUAD CITY BANK & TRUST
3551 7TH ST
MOLINE, IL 61265

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311821 - Cookie and Cracker Manufacturing

Loan Approval Date

1/9/2007

Loan Approval Gross Amount

$318,000

Loan Approval from the SBA

Of the total $318,000 loan amount, the SBA guaranteed $238,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $318,000 loan. Remember, things become real when you believe you can achieve them!

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.

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