Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Victorville, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Cold Stone Creamery Franchise Issued By Fullerton Community Bank, Fsb

Need money to invest in a Cold Stone Creamery franchise? Fullerton Community Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Victorville, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fullerton Community Bank, Fsb, based in Fullerton, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

COLD STONE CREAMERY #1001
VICTORVILLE, CA 92392

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

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

722211 - Limited-Service Restaurants

Loan Approval Date

4/23/2007

Loan Approval Gross Amount

$674,000

Loan Approval from the SBA

Of the total $674,000 loan amount, the SBA guaranteed $505,500.

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 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source

This SBA loan was for $674,000. How would you spend $674,000 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.

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SBA Approved Banks in Fullerton, California

SBA California Lenders