Wyomissing, PA Entrepreneur Gets SBA Loan to Buy Auntie Ann's soft Pretzels Franchise

Need a loan to invest in an Auntie Ann's soft Pretzels franchise? Susquehanna Bank Pa has a history of making these loans and they are guaranteed by the SBA.

Auntie Ann's soft Pretzels franchise loans are available to Wyomissing, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Susquehanna Bank Pa, based in Lititz, Pennsylvania, issued an SBA franchise loan for an Auntie Ann's soft Pretzels franchise in 2003. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

AUNTIE ANNE'S SOFT PRETZELS
WYOMISSING, PA 19610

SBA Loan Lender

SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/15/2003

Loan Approval Gross Amount

$620,000

Loan Approval from the SBA

Of the total $620,000 loan amount, the SBA guaranteed $465,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Auntie Ann's soft Pretzels franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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