Borrow Money to Buy a Mrs. Field's Cookies Franchise
Need a loan to purchase a Mrs. Field's Cookies franchise? First National Bank - Southern Calif has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mrs. Field's Cookies franchise may simply require a phone call to a local SBA banker. In 2004, First National Bank - Southern Calif issued an SBA franchise loan to an entrepreneur in Carlsbad, 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 FIELD'S ORIGINAL COOKIES
CARLSBAD, CA 92008
SBA Loan Lender
FIRST NATIONAL BANK - SOUTHERN CALIF
1145 SAN MARINO DR
SAN MARCOS, CA 92078
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311811 - Retail Bakeries
Loan Approval Date
8/12/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Southern Calif so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
Role of Business Plan When Raising Money
Where to Get an SBA Loan in San Marcos, California
SBA Participating Banks in California