Loan to Buy Cookies By Design Franchise Issued By Bancorpsouth Bank

Need a loan to invest in a Cookies By Design franchise? Bancorpsouth Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Springfield, Missouri needed money to invest in a Cookies By Design franchise back in 2001. Bancorpsouth Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COOKIES BY DESIGN
SPRINGFIELD, MO 65804

SBA Loan Lender

BANCORPSOUTH BANK
4039 S KANSAS EXPRESSWAY
SPRINGFIELD, MO 65807

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

8/29/2001

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cookies By Design franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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

Accountant's Role in Securing Financing

Where to Get an SBA Loan in Springfield, Missouri

Missouri SBA 7A Lenders