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December 22, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Edible Arrangements Loan | ||||
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SBA Franchise Financing Lender Denver Colorado
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Denver, CO Entrepreneur Gets SBA Loan to Buy Edible Arrangements FranchiseNeed money to buy an Edible Arrangements franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Denver, Colorado needed money to invest in an Edible Arrangements franchise back in 2006. Community W. Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan. SBA Loan Borrower EDIBLE ARRANGEMENTS SBA Loan Lender COMMUNITY W. BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 5/24/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in Goleta, California
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