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November 15, 2024  
 
 
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I Need an SBA Loan to Buy a Franchise in Brownsville, Texas

 

 
Loan Census SBA Loan Info

Texas State Bank Provides SBA Loan to Buy Cookie Bouquet Franchise

Need a loan to invest in a Cookie Bouquet franchise? Texas State Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Brownsville, Texas and are interested in buying a Cookie Bouquet franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Texas State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

COOKIE BOUQUET
BROWNSVILLE, TX 78521

SBA Loan Lender

TEXAS STATE BANK
3900 N 10TH ST
MCALLEN, TX 78501

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445230 - Fruit and Vegetable Markets

Loan Approval Date

7/10/2002

Loan Approval Gross Amount

$86,700

Loan Approval from the SBA

Of the total $86,700 loan amount, the SBA guaranteed $73,695.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cookie Bouquet franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

SBIR Funding

Who Lends Money to Small Businesses in Mcallen, Texas

Texas SBA 7A Lenders