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April 25, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Rock Springs, Business Loans > Commerce Bank - Wyoming Rock Springs Business Loans > Cold Stone Creamery Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Rock Springs, WY Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseNeed money to buy a Cold Stone Creamery franchise? Commerce Bank - Wyoming has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Cold Stone Creamery franchise? If so, here's a 2007 SBA franchise loan that you should know about. Commerce Bank - Wyoming was the lender and the entrepreneur was based in Rock Springs, Wyoming. SBA Loan Borrower COLD STONE CREAMERY SBA Loan Lender COMMERCE BANK - WYOMING The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 9/25/2007 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Small Bank Loans in Rock Springs, Wyoming
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