Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

United Western Bank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Marble Slab Creamery Franchise

Borrowing money to buy a Marble Slab Creamery franchise? United Western Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Broomfield, Colorado and are interested in buying a Marble Slab Creamery franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by United Western Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MARBLE SLAB CREAMERY
BROOMFIELD, CO 80020

SBA Loan Lender

UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

3/22/2000

Loan Approval Gross Amount

$237,300

Loan Approval from the SBA

Of the total $237,300 loan amount, the SBA guaranteed $177,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 16 employees. The SBA loan documents indicated that the loan would help create 16 new jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $237,300 loan. Remember, where there is a will, there is a way!

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.

The Friends and Family Network

Best Denver, Colorado Banks for Small Business

Colorado SBA 7A Lenders