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November 15, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Terrell, Texas?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Rocky Mountain Chocolate Factory Franchise

Need money to invest in a Rocky Mountain Chocolate Factory franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Terrell, Texas needed money to invest in a Rocky Mountain Chocolate Factory franchise back in 2003. Amer National Bank - Texas issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

ROCKY MOUNTAIN CHOCOLATE FACTO
TERRELL, TX 75160

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
102 W MOORE
TERRELL, TX 75160

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445292 - Confectionery and Nut Stores

Loan Approval Date

8/1/2003

Loan Approval Gross Amount

$247,000

Loan Approval from the SBA

Of the total $247,000 loan amount, the SBA guaranteed $185,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:

Rocky Mountain Chocolate Factory

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