Indianapolis, IN Entrepreneur Gets SBA Loan to Buy Cookies By Design Franchise
Borrowing money to invest in a Cookies By Design franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cookies By Design franchise? If so, here's a 2005 SBA franchise loan that you should know about. National City Bank was the lender and the entrepreneur was based in Indianapolis, Indiana.
SBA Loan Borrower
ANGIE'S COOKIES BY DESIGN, INC
Indianapolis, IN 46250
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This lender processed this bank 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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
3/28/2005
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Cookies By Design franchise. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $10,000 loan. Remember, you control your own destiny.
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 by Design / Cookie Bouquet
The Art of Bootstrapping
SBA 7A Banks for Indianapolis, Indiana Loans
Indiana SBA Banks