Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Bowling Green Franchisees

 

 
Loan Census SBA Loan Info

Kentucky Entrepreneur Secures Financing to Buy Marble Slab Creamery Franchise

Need money to invest in a Marble Slab Creamery franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Bowling Green, Kentucky needed money to invest in a Marble Slab Creamery franchise back in 2000. Branch Bank & Trust issued an SBA franchise loan. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

MARBLE SLAB CREAMERY
BOWLING GREEN, KY 42104

SBA Loan Lender

BRANCH BANK & TRUST
1820 SCOTTSVILLE RD
BOWLING GREEN, KY 42104

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/17/2000

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 12 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Bowling Green 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:

Marble Slab Creamery, Inc.

Raising VC Money for Social Networking Companies

SBA Banks in Bowling Green, Kentucky

Browse All Business Loan Sources for Kentucky