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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Santa Fe, Business Loans > Texas First Bank Santa Fe Santa Fe Business Loans > Cold Stone Creamery Loan | ||||
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Texas First Bank Santa Fe Small Business Franchise Loan
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Sugar Land, TX Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseBorrowing money to invest in a Cold Stone Creamery franchise? Texas First Bank Santa Fe has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Sugar Land, Texas needed money to invest in a Cold Stone Creamery franchise back in 2004. Texas First Bank Santa Fe issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower COLD STONE CREAMERY SBA Loan Lender TEXAS FIRST BANK SANTA FE This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 8/11/2004 Loan Approval Gross Amount $214,200 Loan Approval from the SBA Of the total $214,200 loan amount, the SBA guaranteed $160,650. 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 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA 7A Lenders in Santa Fe, Texas
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