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July 22, 2024  
 
 
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Saehan Bank SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Baskin-Robbins 31 Ice Cream Franchise Issued By Saehan Bank

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

Getting money to buy a Baskin-Robbins 31 Ice Cream franchise shouldn't be overly burdensome. In 2000, Saehan Bank issued an SBA franchise loan to an entrepreneur in Whittier, California. Because Baskin-Robbins 31 Ice Cream was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

BASKIN ROBBINS #6142
WHITTIER, CA 90601

SBA Loan Lender

SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

3/29/2000

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $86,250.

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 8 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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

Related Links:

Obtaining Funding - Getting Venture Capital

Where to Get an SBA Loan in Los Angeles, California

SBA California Banks