Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Aiea, Hawaii

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Marble Slab Creamery Franchise

Borrowing money to invest in a Marble Slab Creamery franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Aiea, Hawaii needed money to invest in a Marble Slab Creamery franchise back in 2006. Bank Of Hawaii issued an SBA franchise loan. Here are the details on this Hawaii small business loan.

SBA Loan Borrower

SWEET TOOTH CREAMERY LLC
AIEA, HI 96701

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This lender processed this bank 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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/24/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

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

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Marble Slab Creamery, Inc.

Financing Your Business

SBA 7A Banks in Honolulu, Hawaii

SBA Participating Banks in Hawaii