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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Cold Stone Creamery Loan | ||||
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How to Get SBA Loans in Sacramento, California
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California Entrepreneur Secures Financing to Buy Cold Stone Creamery FranchiseNeed money to invest in a Cold Stone Creamery franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cold Stone Creamery franchise shouldn't be overly burdensome. In 2004, Bank Of The West issued an SBA franchise loan to an entrepreneur in Sacramento, California. Because Cold Stone Creamery was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower COLD STONE CREAMERY SBA Loan Lender BANK OF THE WEST This lender provides SBA business loans 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 722211 - Limited-Service Restaurants Loan Approval Date 1/29/2004 Loan Approval Gross Amount $227,800 Loan Approval from the SBA Of the total $227,800 loan amount, the SBA guaranteed $170,850. 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 only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Good Banks for Small Business in Truckee, California Where to Get an SBA Loan California
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