Sinking Spring, PA Entrepreneur Gets SBA Loan to Buy Cookie Bouquet Franchise

Need a loan to purchase a Cookie Bouquet franchise? Vist Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Cookie Bouquet franchise? If so, here's a 2001 SBA franchise loan that you should know about. Vist Bank was the lender and the entrepreneur was based in Sinking Spring, Pennsylvania.

SBA Loan Borrower

COOKIES BY DESIGN
SINKING SPRING, PA 19608

SBA Loan Lender

VIST BANK
1199 BERKSHIRE BLVD
WYOMISSING, PA 19610

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5947 - Gift, Novelty, and Souvenir Shops

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

1/24/2001

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cookie Bouquet franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $60,000 loan. Remember, where there is a will, there is a way!

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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