How to Get a Loan for Baked Goods Stores
With these business loans for baked goods stores, the SBA guarantees the lender that the loan will be repaid. This baked goods stores loan for $396,000 was given to a Texas entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Irving, Texas was able to borrow $396,000 from Newtek Small Business Finance Inc.. The SBA made the loan possible by guaranteeing $297,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BAKED GOODS STORES
IRVING, TX 75061
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445291 - Baked Goods Stores
Loan Approval Date
8/29/2005
Loan Approval Gross Amount
$396,000
Loan Approval from the SBA
Of the total $396,000 loan amount, the SBA guaranteed $297,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 10 existing jobs.
Next Steps for Getting an SBA Loan
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
We've showcased information on this loan to let you know that businesses like yours 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.
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