Borrow Money to Buy a Rocky Mountain Chocolate Factory Franchise
Need a loan to invest in a Rocky Mountain Chocolate Factory franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
Rocky Mountain Chocolate Factory franchise loans are available to Colorado Springs, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Sba Lending, Inc., based in Roseville, California, issued an SBA franchise loan for a Rocky Mountain Chocolate Factory franchise in 2002. We've got all the details on this Colorado small business loan.
SBA Loan Borrower
ROCKY MOUNTAIN CHOCOLATE FACTO
COLORADO SPRINGS, CO 80904
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445292 - Confectionery and Nut Stores
Loan Approval Date
2/22/2002
Loan Approval Gross Amount
$1,805,500
Loan Approval from the SBA
Of the total $1,805,500 loan amount, the SBA guaranteed $999,994.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company
had 18 employees. The loan application indicated that the loan would help retain 18 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Sba Lending, Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Rocky Mountain Chocolate Factory
Obtaining Funding From a Venture Capitalist
SBA 7A Lenders in Roseville, California
SBA California Banks