United Western Bank Provides SBA Loan to Buy Auntie Ann's soft Pretzels Franchise
Need money to purchase an Auntie Ann's soft Pretzels franchise? United Western Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Denver, Colorado and are interested in buying an Auntie Ann's soft Pretzels franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by United Western Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
AUNTIE ANNE'S
DENVER, CO 80249
SBA Loan Lender
UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202
This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
12/19/2000
Loan Approval Gross Amount
$186,000
Loan Approval from the SBA
Of the total $186,000 loan amount, the SBA guaranteed $139,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Auntie Ann's soft Pretzels franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $186,000. How would you spend $186,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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