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April 26, 2024  
 
 
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Banks for Virginia Beach, Virginia Entrepreneurs

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Cold Stone Creamery Franchise

Need money to purchase a Cold Stone Creamery franchise? Wells Fargo Bank 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 2006 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Virginia Beach, Virginia.

SBA Loan Borrower

COLDSTONE CREAMERY
VIRGINIA BEACH, VA 23456

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender processed this business 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

445299 - Specialty Food Stores

Loan Approval Date

10/25/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Virginia Beach VA, you ought to talk with a local Virginia Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Virginia Beach businesses.

We can help you find the best banks for small businesses in Virginia Beach or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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