Borrow Money to Buy a Great American Cookie Company Franchise

Need money to purchase a Great American Cookie Company franchise? Lincoln Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Great American Cookie Company franchise? If so, here's a 2000 SBA franchise loan that you should know about. Lincoln Savings Bank was the lender and the entrepreneur was based in Cedar Falls, Iowa.

SBA Loan Borrower

PATTIO, L.C.
CEDAR FALLS, IA 50613

SBA Loan Lender

LINCOLN SAVINGS BANK
301 WASHINGTON ST
CEDAR FALLS, IA 50613

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

5/1/2000

Loan Approval Gross Amount

$705,000

Loan Approval from the SBA

Of the total $705,000 loan amount, the SBA guaranteed $528,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Great American Cookie Company franchise. At the time of the loan, the company had 70 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Lincoln Savings Bank 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:

Great American Cookie Inc.

Obtaining Funding - How to Borrow Money

SBA 7A Banks in Cedar Falls, Iowa

Getting an SBA Loan in Iowa