Loan Census Banking News and Information
April 27, 2024  
 
 
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SBA 7A Banks for Westerville, Ohio Small Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Marble Slab Creamery Franchise Issued By Wells Fargo Bank

Borrowing money to buy a Marble Slab Creamery franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Marble Slab Creamery franchise requires some effort but others before you have been successful. In 2000, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Westerville, Ohio. Because Marble Slab Creamery was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

MARBLE SLAB CREAMERY
WESTERVILLE, OH 43082

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This lender provides SBA business 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

722211 - Limited-Service Restaurants

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$177,900

Loan Approval from the SBA

Of the total $177,900 loan amount, the SBA guaranteed $133,425.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $177,900. How would you spend $177,900 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Marble Slab Creamery, Inc.

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Who Lends Money to Small Businesses in Minneapolis, Minnesota

SBA Lenders in Minnesota