Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

Requirements for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

Ups Capital Business Credit Provides SBA Loan to Buy Cold Stone Creamery Franchise

Need money to buy a Cold Stone Creamery franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Brooksville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ups Capital Business Credit, based in Windsor, Connecticut, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2006. We've got all the details on this Florida small business loan.

SBA Loan Borrower

COLD STONE CREAMERY #2062
BROOKSVILLE, FL 34613

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/17/2006

Loan Approval Gross Amount

$317,000

Loan Approval from the SBA

Of the total $317,000 loan amount, the SBA guaranteed $237,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 17 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Cold Stone Creamery, Inc.

How to Raise Money

Best Banks for Small Business in Windsor, Connecticut

Where to Get an SBA Loan Connecticut