Western Security Bank Provides SBA Loan to Buy Cookies By Design Franchise
Need a loan to purchase a Cookies By Design franchise? Western Security Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Billings, Montana needed money to invest in a Cookies By Design franchise back in 2005. Western Security Bank issued an SBA franchise loan. Here are the details on this Montana small business loan.
SBA Loan Borrower
COOKIES BY DESIGN
BILLINGS, MT 59102
SBA Loan Lender
WESTERN SECURITY BANK
2929 3RD AVE NORTH
BILLINGS, MT 59101
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
445291 - Baked Goods Stores
Loan Approval Date
10/6/2005
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Cookies By Design franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Billings 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:
Cookies by Design / Cookie Bouquet
Obtaining Funding - How to Decide How Much to Raise
Banks in Billings, Montana
Getting a Business Loan in Montana