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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy Cold Stone Creamery Franchise Issued By Comerica Bank

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

Cold Stone Creamery franchise loans are available to Lahaina, Hawaii entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in El Segundo, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2005. We've got all the details on this Hawaii small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
LAHAINA, HI 96761

SBA Loan Lender

COMERICA BANK
2321 ROSECRANS AVE, STE 1225
EL SEGUNDO, CA 90245

This SBA loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/1/2005

Loan Approval Gross Amount

$348,000

Loan Approval from the SBA

Of the total $348,000 loan amount, the SBA guaranteed $261,000.

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 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $348,000 loan. Remember, things become real when you believe you can achieve them!

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.

How to Raise Money

Best Banks for Small Business in El Segundo, California

Getting a Business Loan in California