Borrow Money to Buy a Cookies In Bloom Franchise

Need money to purchase a Cookies In Bloom franchise? Crescent State Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Holly Springs, North Carolina and are interested in buying a Cookies In Bloom franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Crescent State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

COOKIES IN BLOOM
HOLLY SPRINGS, NC 20540

SBA Loan Lender

CRESCENT STATE BANK
1005 HIGH HOUSE RD
CARY, NC 27513

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

311811 - Retail Bakeries

Loan Approval Date

6/23/2005

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cookies In Bloom franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Crescent State Bank 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:

Cookies in Bloom

Strategic Investors

SBA 7A Banks in Cary, North Carolina

Where to Get an SBA Loan North Carolina