California Entrepreneur Secures Financing to Buy Baskin-Robbins 31 Ice Cream Franchise
Need money to buy a Baskin-Robbins 31 Ice Cream franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Baskin-Robbins 31 Ice Cream franchise is doable. In 2002, Temecula Valley Bank issued an SBA franchise loan to an entrepreneur in Brea, California. Because Baskin-Robbins 31 Ice Cream was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
TOGO'S/BASKIN ROBBINS
BREA, CA 92521
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
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
722211 - Limited-Service Restaurants
Loan Approval Date
2/14/2002
Loan Approval Gross Amount
$282,000
Loan Approval from the SBA
Of the total $282,000 loan amount, the SBA guaranteed $211,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 11 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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