Borrow Money to Buy a Ben & Jerry's Ice Cream Franchise

Borrowing money to purchase a Ben & Jerry's Ice Cream franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Ben & Jerry's Ice Cream franchise loans are available to Middleton, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Associated Bank, based in Green Bay, Wisconsin, issued an SBA franchise loan for a Ben & Jerry's Ice Cream franchise in 2005. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

TWOTALL DEVELOPERS, LLC TO BEN
MIDDLETON, WI 53562

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/28/2005

Loan Approval Gross Amount

$246,500

Loan Approval from the SBA

Of the total $246,500 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ben & Jerry's Ice Cream franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

Ben & Jerry's Franchising, Inc.

Business Cash Advances

Small Business Banks in Green Bay, Wisconsin

Browse All Business Loan Sources for Wisconsin