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April 27, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Denton, Business Loans > First United Bank & Trust Denton Business Loans > Carvel Ice Cream Loan | ||||
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Good Sources for Denton SBA Loans
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Denton, TX Entrepreneur Gets SBA Loan to Buy Carvel Ice Cream FranchiseBorrowing money to invest in a Carvel Ice Cream franchise? First United Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Carvel Ice Cream franchise loans are available to Denton, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First United Bank & Trust, based in Denton, Texas, issued an SBA franchise loan for a Carvel Ice Cream franchise in 2004. We've got all the details on this Texas small business loan. SBA Loan Borrower CARVEL ICE CREAM SBA Loan Lender FIRST UNITED BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 7/9/2004 Loan Approval Gross Amount $201,000 Loan Approval from the SBA Of the total $201,000 loan amount, the SBA guaranteed $150,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Carvel Ice Cream franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First United Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Denton, Texas
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