Bank Of Colorado Provides SBA Loan to Buy Cookies By Design Franchise
Borrowing money to invest in a Cookies By Design franchise? Bank Of Colorado has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cookies By Design franchise? If so, here's a 2001 SBA franchise loan that you should know about. Bank Of Colorado was the lender and the entrepreneur was based in Windsor, Colorado.
SBA Loan Borrower
KASTLE ENTERPRISES, LLC
WINDSOR, CO 80550
SBA Loan Lender
BANK OF COLORADO
1041 W MAIN ST
WINDSOR, CO 80550
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.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
9/4/2001
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $106,250.
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 9 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Windsor 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
Advice on Getting a Small Business Loan
SBA 7A Lenders in Windsor, Colorado
Getting a Business Loan in Colorado