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.
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