De Pere, WI Entrepreneur Gets SBA Loan to Buy Candy Bouquet,Inc Franchise
Borrowing money to buy a Candy Bouquet,Inc franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Candy Bouquet,Inc franchise? If so, here's a 2000 SBA franchise loan that you should know about. Associated Bank was the lender and the entrepreneur was based in De Pere, Wisconsin.
SBA Loan Borrower
CANDY BOUQUET
DE PERE, WI 54115
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5441 - Candy, Nut, and Confectionery Stores
NAICS Code
311330 - Confectionery Manufacturing from Purchased Chocolate
Loan Approval Date
11/21/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $16,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Candy Bouquet,Inc franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,000 loan. Remember, feel the fear, and do it anyway.
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:
Candy Bouquet
Financing Your Business
Where to Get an SBA Loan in Green Bay, Wisconsin
SBA Lenders in Wisconsin