Florida Entrepreneur Secures Financing to Buy Cold Stone Creamery Franchise

Need a loan to buy a Cold Stone Creamery franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Brandon, Florida needed money to invest in a Cold Stone Creamery franchise back in 2006. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

COLD STONE CREAMERY #657
BRANDON, FL 33511

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/26/2006

Loan Approval Gross Amount

$234,000

Loan Approval from the SBA

Of the total $234,000 loan amount, the SBA guaranteed $175,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 22 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 22 existing jobs.

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SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

Alternative Financing

SBA Approved Banks in Windsor, Connecticut

Browse All Business Loan Sources for Connecticut