Loan to Buy Mrs. Field's Cookies Franchise Issued By Jpmorgan Chase Bank

Borrowing money to invest in a Mrs. Field's Cookies franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mrs. Field's Cookies franchise? If so, here's a 2003 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Indianapolis, Indiana.

SBA Loan Borrower

MRS FIELDS COOKIES
INDIANAPOLIS, IN 46236

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this small business loan 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

445291 - Baked Goods Stores

Loan Approval Date

1/17/2003

Loan Approval Gross Amount

$136,300

Loan Approval from the SBA

Of the total $136,300 loan amount, the SBA guaranteed $68,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mrs. Field's Cookies franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Mrs. Fields Original Cookies, Inc.

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Getting an SBA Loan in Texas