Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Is It Possible to Borrow Money for a Franchise in Bakersfield, California?

 

 
Loan Census SBA Loan Info

Bakersfield, CA Entrepreneur Gets SBA Loan to Buy Cookies By Design Franchise

Need a loan to buy a Cookies By Design franchise? Bank Of The Sierra has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cookies By Design franchise is doable. In 2003, Bank Of The Sierra issued an SBA franchise loan to an entrepreneur in Bakersfield, California. Because Cookies By Design was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

COOKIES BY DESIGN
BAKERSFIELD, CA 93312

SBA Loan Lender

BANK OF THE SIERRA
86 N MAIN ST
PORTERVILLE, CA 93257

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

5/9/2003

Loan Approval Gross Amount

$72,400

Loan Approval from the SBA

Of the total $72,400 loan amount, the SBA guaranteed $61,540.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cookies By Design franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help generate 1 new job.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Cookies by Design / Cookie Bouquet

Alternative Financing

SBA 7A Banks for Porterville, California Loans

SBA California Lenders