Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Baldwin Place, New York Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Baldwin Place, NY Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery Franchise

Borrowing money to purchase a Cold Stone Creamery franchise? Flushing Savings Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Baldwin Place, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Flushing Savings Bank, Fsb, based in New York City, New York, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2004. We've got all the details on this New York small business loan.

SBA Loan Borrower

COLD STONE CREAMERY #1533
BALDWIN PLACE, NY 10505

SBA Loan Lender

FLUSHING SAVINGS BANK, FSB
33 IRVING PL
NEW YORK CITY, NY 10003

This lender provides SBA 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

722211 - Limited-Service Restaurants

Loan Approval Date

8/12/2004

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

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.

This SBA loan was for $270,000. How would you spend $270,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

Investor Turnoffs

SBA Participating Banks in New York City, New York

SBA Lenders in New York