Loan to Buy Chocolate, Chocolate, Chocolate Franchise Issued By Washington Mutual Bank
Borrowing money to buy a Chocolate, Chocolate, Chocolate franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Chocolate, Chocolate, Chocolate franchise? If so, here's a 2007 SBA franchise loan that you should know about. Washington Mutual Bank was the lender and the entrepreneur was based in Los Angeles, California.
SBA Loan Borrower
ROCKY MOUNTAIN CHOCOLATE FACTO
LOS ANGELES, CA 90024
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This lender processed this commercial 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
424430 - Dairy Product Merchant Wholesalers
Loan Approval Date
10/5/2007
Loan Approval Gross Amount
$32,000
Loan Approval from the SBA
Of the total $32,000 loan amount, the SBA guaranteed $16,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Chocolate, Chocolate, Chocolate franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 9 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Los Angeles or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Chocolate Chocolate Chocolate Company
Equity Financing
SBA Banks in Henderson, Nevada
Nevada SBA Banks