Borrow Money to Buy a Mrs. Field's Cookies Franchise

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

An entrepreneur in Missoula, Montana needed money to invest in a Mrs. Field's Cookies franchise back in 2000. First Security Bank - Missoula issued an SBA franchise loan. Here are the details on this Montana small business loan.

SBA Loan Borrower

MRS FIELD'S COOKIES
MISSOULA, MT 59801

SBA Loan Lender

FIRST SECURITY BANK - MISSOULA
1704 DEARBORN AVE
MISSOULA, MT 59801

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5441 - Candy, Nut, and Confectionery Stores

Loan Approval Date

1/14/2000

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mrs. Field's Cookies franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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