Loan to Buy Maggiemoo's ice Cream Franchise Issued By Banner Bank

Need a loan to buy a Maggiemoo's ice Cream franchise? Banner Bank has a history of making these loans and they are guaranteed by the SBA.

Maggiemoo's ice Cream franchise loans are available to Kennewick, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banner Bank, based in Bellevue, Washington, issued an SBA franchise loan for a Maggiemoo's ice Cream franchise in 2003. We've got all the details on this Washington small business loan.

SBA Loan Borrower

MAGGIE MOO'S ICE CREAM
KENNEWICK, WA 99336

SBA Loan Lender

BANNER BANK
3005 112TH AVE NE, STE 100
BELLEVUE, WA 98004

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

8/27/2003

Loan Approval Gross Amount

$157,000

Loan Approval from the SBA

Of the total $157,000 loan amount, the SBA guaranteed $117,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maggiemoo's ice Cream franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Kennewick or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

MaggieMoo's International, LLC

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Who Lends Money to Small Businesses in Bellevue, Washington

Getting an SBA Loan in Washington