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| Entrepreneur Resources | First State Bank Central Texas Austin Business Loans | ||||
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How to Get SBA Loans in Waco, Texas
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Waco, TX Entrepreneur Gets SBA Loan to Buy Cookie Bouquet FranchiseBorrowing money to buy a Cookie Bouquet franchise? First State Bank Central Texas has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cookie Bouquet franchise? If so, here's a 2004 SBA franchise loan that you should know about. First State Bank Central Texas was the lender and the entrepreneur was based in Waco, Texas. SBA Loan Borrower COOKIE BOUQUET SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS This lender issued this particular SBA 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. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 5/4/2004 Loan Approval Gross Amount $107,500 Loan Approval from the SBA Of the total $107,500 loan amount, the SBA guaranteed $91,375. More Information on This SBA Loan The borrower, Cookie Bouquet, borrowed this money for an existing business. This loan was used to buy a Cookie Bouquet franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 10/4/2007. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Cookie Bouquet did when it applied for and received this $107,500 loan. Remember, anyone can do it... so why not you? About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Best Austin, Texas Banks for Small Business If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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