Cookie and Cracker Manufacturing Bank Loans

Looking for bank loans for cookie and cracker manufacturing? Talk to a banker who works with the SBA. This $146,900 cookie and cracker manufacturing loan was issued by a Minnesota bank.

This company knew how to go about getting a business bank loan. Based in Bloomington, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Premier Bank, based in Maplewood, Minnesota.

SBA Loan Borrower

COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
BLOOMINGTON, MN 55420

SBA Loan Lender

PREMIER BANK
2866 WHITE BEAR AVE
MAPLEWOOD, MN 55109

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

311821 - Cookie and Cracker Manufacturing

Loan Approval Date

7/19/2006

Loan Approval Gross Amount

$146,900

Loan Approval from the SBA

Of the total $146,900 loan amount, the SBA guaranteed $73,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $146,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Line of Credit

SBA 7A Banks for Maplewood, Minnesota Loans

Getting a Business Loan in Minnesota