Borrow Money to Buy a Cookies By Design Franchise

Need a loan to purchase a Cookies By Design franchise? Landmark Bank Of Florida has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cookies By Design franchise may simply require a phone call to a local SBA banker. In 2003, Landmark Bank Of Florida issued an SBA franchise loan to an entrepreneur in Sarasota, Florida. Because Cookies By Design was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

COOKIES BY DESIGN
SARASOTA, FL 34233

SBA Loan Lender

LANDMARK BANK OF FLORIDA
544 S WASHINGTON BLVD
SARASOTA, FL 34236

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

1/2/2003

Loan Approval Gross Amount

$93,500

Loan Approval from the SBA

Of the total $93,500 loan amount, the SBA guaranteed $79,475.

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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Sarasota 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:

Cookies by Design / Cookie Bouquet

Direct Public Offerings

Small Business Banks in Sarasota, Florida

Getting an SBA Loan in Florida