Borrow Money to Buy a Pretzel Time Franchise
Need money to invest in a Pretzel Time franchise? United Central Bank has a history of making these loans and they are guaranteed by the SBA.
Pretzel Time franchise loans are available to Grapevine, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, United Central Bank, based in Garland, Texas, issued an SBA franchise loan for a Pretzel Time franchise in 2005. We've got all the details on this Texas small business loan.
SBA Loan Borrower
CHHS INC.DBA PRETZEL TIME DFW
GRAPEVINE, TX 76051
SBA Loan Lender
UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/30/2005
Loan Approval Gross Amount
$199,700
Loan Approval from the SBA
Of the total $199,700 loan amount, the SBA guaranteed $149,775.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Pretzel Time franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like United Central Bank and they will explain how you can get an SBA loan for your company.
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:
Pretzel Time
Obtaining Funding - Friends and Family
Find an SBA Lender in Garland, Texas
SBA Lenders in Texas