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May 4, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Blue Bell, Business Loans > Bank Of America Blue Bell Business Loans > Maggie Moo's Ice Cream And Tre Loan | ||||
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SBA 7A Banks for Narberth, Pennsylvania Small Businesses
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Pennsylvania Entrepreneur Secures Financing to Buy Maggiemoo's ice Cream FranchiseNeed a loan to buy a Maggiemoo's ice Cream franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Maggiemoo's ice Cream franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank Of America was the lender and the entrepreneur was based in Narberth, Pennsylvania. SBA Loan Borrower MAGGIE MOO'S ICE CREAM AND TRE SBA Loan Lender BANK OF AMERICA This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 9/12/2003 Loan Approval Gross Amount $210,000 Loan Approval from the SBA Of the total $210,000 loan amount, the SBA guaranteed $157,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Maggiemoo's ice Cream franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: MaggieMoo's International, LLC SBA Approved Banks in Blue Bell, Pennsylvania
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