Fort Collins, CO Entrepreneur Gets SBA Loan to Buy Blue Chip Cookies Franchise

Need money to invest in a Blue Chip Cookies franchise? Valley Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

Blue Chip Cookies franchise loans are available to Fort Collins, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Valley Bank And Trust Company, based in Scottsbluff, Nebraska, issued an SBA franchise loan for a Blue Chip Cookies franchise in 2001. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

BLUE CHIP COOKIES
FORT COLLINS, CO 80525

SBA Loan Lender

VALLEY BANK AND TRUST COMPANY
1701 FIRST AVE
SCOTTSBLUFF, NE 69361

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

9/24/2001

Loan Approval Gross Amount

$87,800

Loan Approval from the SBA

Of the total $87,800 loan amount, the SBA guaranteed $74,630.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Blue Chip Cookies franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Fort Collins CO, you ought to talk with a local Fort Collins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Collins businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Valley Bank And Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

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