San Antonio, TX Entrepreneur Gets SBA Loan to Buy Auntie Ann's soft Pretzels Franchise

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

Want to borrow money to buy an Auntie Ann's soft Pretzels franchise? If so, here's a 2002 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in San Antonio, Texas.

SBA Loan Borrower

AUNTIE ANNE'S HAND ROLLED SOFT
I-410 SAN PEDRO AVENUE & MCC
SAN ANTONIO, TX 78216

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/4/2002

Loan Approval Gross Amount

$180,300

Loan Approval from the SBA

Of the total $180,300 loan amount, the SBA guaranteed $135,225.

More Information on This SBA Loan

The borrower, Auntie Anne's Hand Rolled Soft, 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 10 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 18 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Auntie Anne's Hand Rolled Soft recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Small Business Credit Cards

SBA Participating Banks in Austin, Texas

SBA Texas Banks

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