Borrow Money to Buy a Mrs. Field's Cookies Franchise
Borrowing money to invest in a Mrs. Field's Cookies franchise? Rabobank, National Association has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mrs. Field's Cookies franchise shouldn't be overly burdensome. In 2006, Rabobank, National Association issued an SBA franchise loan to an entrepreneur in Ventura (corporate Name San Bu, California. Because Mrs. Field's Cookies was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
MRS FIELDS COOKIES PRETZEL TIM
VENTURA (CORPORATE NAME SAN BU, CA 93003
SBA Loan Lender
RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
445291 - Baked Goods Stores
Loan Approval Date
9/14/2006
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Mrs. Field's Cookies franchise. At the time of the loan, the company
had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Ventura (corporate Name San Bu 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:
Mrs. Fields Original Cookies, Inc.
How Equity Dilution Works
Find an SBA Lender in Arroyo Grande, California
Where to Get an SBA Loan California