Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Colonial Savings, F.A. Small Business Loan

 

 
Loan Census SBA Loan Info

Cookie and Cracker Manufacturing Small Business Loans

Looking for small business loans for cookie and cracker manufacturing? Try the SBA. This $375,000 cookie and cracker manufacturing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Carrollton, Texas was able to borrow $375,000 from Colonial Savings, F.A.. The SBA made the loan possible by guaranteeing $281,250 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: COOKIE AND CRACKER MANUFACTURING
CARROLLTON, TX 75006

SBA Loan Lender

COLONIAL SAVINGS, F.A.
2600 WEST FRWY
FORT WORTH, TX 76102

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311821 - Cookie and Cracker Manufacturing

Loan Approval Date

3/27/2007

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

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 loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $375,000 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 Incubators

Find an SBA Lender in Fort Worth, Texas

SBA Participating Banks in Texas