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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Rocky Mountain Chocolate Facto Loan | ||||
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I Need a Loan to Buy a Franchise in Escondido, California
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Cit Small Business Lending Corp Provides SBA Loan to Buy Rocky Mountain Chocolate Factory FranchiseNeed a loan to invest in a Rocky Mountain Chocolate Factory franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Escondido, California needed money to invest in a Rocky Mountain Chocolate Factory franchise back in 2005. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower ROCKY MOUNTAIN CHOCOLATE FACTO SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 311320 - Chocolate and Confectionery Manufacturing from Cacao Beans Loan Approval Date 6/15/2005 Loan Approval Gross Amount $268,400 Loan Approval from the SBA Of the total $268,400 loan amount, the SBA guaranteed $201,300. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $268,400 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Who Lends Money to Small Businesses in Livingston, New Jersey
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