Loan Census Banking News and Information
April 30, 2024  
 
 
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Anaheim, California Bank Loan

 

 
Loan Census SBA Loan Info

Capital One Provides SBA Loan to Buy Baskin-Robbins 31 Ice Cream Franchise

Need money to invest in a Baskin-Robbins 31 Ice Cream franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.

Baskin-Robbins 31 Ice Cream franchise loans are available to Anaheim, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capital One, based in Mclean, Virginia, issued an SBA franchise loan for a Baskin-Robbins 31 Ice Cream franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

BASKIN ROBBINS
ANAHEIM, CA 92801

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

5/23/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Small Business Credit Cards

SBA 7A Lenders in Mclean, Virginia

Getting an SBA Loan in Virginia