Loan to Buy Cookies By Design Franchise Issued By Rbs Citizens
Need a loan to buy a Cookies By Design franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Cookies By Design franchise is doable. In 2005, Rbs Citizens issued an SBA franchise loan to an entrepreneur in East Amherst, New York. Because Cookies By Design was registered with the SBA's registry of franchises, this New York small business loan was issued on an expedited basis.
SBA Loan Borrower
COOKIE DOLL, INC. DBA COOKIES
EAST AMHERST, NY 14051
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311821 - Cookie and Cracker Manufacturing
Loan Approval Date
3/8/2005
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $22,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Cookies By Design franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
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:
Cookies by Design / Cookie Bouquet
Dealing With Venture Capitalists
SBA Participating Banks in Providence, Rhode Island
Rhode Island SBA 7A Banks