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March 29, 2024  
 
 
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Union Bank Of California SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Union Bank Of California Provides SBA Loan to Buy Baskin-Robbins 31 Ice Cream Franchise

Need money to invest in a Baskin-Robbins 31 Ice Cream franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Baskin-Robbins 31 Ice Cream franchise? If so, here's a 2002 SBA franchise loan that you should know about. Union Bank Of California was the lender and the entrepreneur was based in Westminister, California.

SBA Loan Borrower

BASKIN ROBBINS/TOGOS
WESTMINISTER, CA 92683

SBA Loan Lender

UNION BANK OF CALIFORNIA
400 CALIFORNIA ST, 1ST FL
SAN FRANCISCO, CA 94104

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/20/2002

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Westminister 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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