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November 21, 2024  
 
 
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Raising Money in Cedar Rapids, Iowa With SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Great American Cookie Company Franchise

Need money to invest in a Great American Cookie Company franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Great American Cookie Company franchise loans are available to Cedar Rapids, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in Omaha, Nebraska, issued an SBA franchise loan for a Great American Cookie Company franchise in 2005. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

GREAT AMERICAN COOKIE
CEDAR RAPIDS, IA 52241

SBA Loan Lender

BANK OF THE WEST
13220 CALIFORNIA ST, STE 100
OMAHA, NE 68154

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great American Cookie Company franchise. At the time of the loan, the company had 11 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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SBA Participating Banks in Omaha, Nebraska

Nebraska SBA Banks