Dollar Bank A Fed. Savings Bk Provides SBA Loan to Buy Sweets From Heaven Franchise
Need a loan to buy a Sweets From Heaven franchise? Dollar Bank A Fed. Savings Bk has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Sweets From Heaven franchise shouldn't be too tough. In 2001, Dollar Bank A Fed. Savings Bk issued an SBA franchise loan to an entrepreneur in Pittsburgh, Pennsylvania. Because Sweets From Heaven was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.
SBA Loan Borrower
SWEETS FROM HEAVEN
PITTSBURGH, PA 15217
SBA Loan Lender
DOLLAR BANK A FED. SAVINGS BK
THREE GATEWAY CTR-1 EAST
PITTSBURGH, PA 15222
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
445292 - Confectionery and Nut Stores
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $205,000 loan amount, the SBA guaranteed $153,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Sweets From Heaven franchise. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Dollar Bank A Fed. Savings Bk so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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