Denton, TX Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery Franchise

Need money to purchase a Cold Stone Creamery franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Denton, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

COLD STONE CREAMERY INC #1353
DENTON, TX 76205

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

This lender provides SBA debt financing 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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/14/2005

Loan Approval Gross Amount

$267,300

Loan Approval from the SBA

Of the total $267,300 loan amount, the SBA guaranteed $200,475.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 22 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $267,300. How would you spend $267,300 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:

Cold Stone Creamery, Inc.

SBIR Funding

SBA Approved Banks in Scottsdale, Arizona

SBA Arizona Banks