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November 15, 2024  
 
 
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Where to Get an SBA Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Idaho Entrepreneur Secures Financing to Buy Cold Stone Creamery Franchise

Need money to purchase a Cold Stone Creamery franchise? Citizens Community Bank has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Ammon, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citizens Community Bank, based in Ammon, Idaho, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2006. We've got all the details on this Idaho small business loan.

SBA Loan Borrower

COLD STONE CREAMERY (TEMPLE GR
AMMON, ID 83406

SBA Loan Lender

CITIZENS COMMUNITY BANK
2797 S 25TH EAST
AMMON, ID 83406

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

5461 - Retail Bakeries

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/30/2006

Loan Approval Gross Amount

$187,000

Loan Approval from the SBA

Of the total $187,000 loan amount, the SBA guaranteed $140,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Citizens Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Cold Stone Creamery, Inc.

Realistic Debt Financing Options

SBA Approved Banks in Ammon, Idaho

Getting an SBA Loan in Idaho