Bellmore, NY Entrepreneur Gets SBA Loan to Buy Marble Slab Creamery Franchise

Need a loan to purchase a Marble Slab Creamery franchise? Hsbc Bank Usa has a history of making these loans and they are guaranteed by the SBA.

Marble Slab Creamery franchise loans are available to Bellmore, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Hsbc Bank Usa, based in Syracuse, New York, issued an SBA franchise loan for a Marble Slab Creamery franchise in 2004. We've got all the details on this New York small business loan.

SBA Loan Borrower

MARBLE SLAB-BELLMORE LLC
BELLMORE, NY 11710

SBA Loan Lender

HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202

This lender provides SBA small 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

311520 - Ice Cream and Frozen Dessert Manufacturing

Loan Approval Date

12/6/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 10 new jobs and retain 1 existing job.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hsbc Bank Usa are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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