Borrow Money to Buy a Cold Stone Creamery Franchise

Need money to buy a Cold Stone Creamery franchise? First-Citizens Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Charlotte, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First-Citizens Bank & Trust, based in Charlotte, North Carolina, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2006. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
CHARLOTTE, NC 28277

SBA Loan Lender

FIRST-CITIZENS BANK & TRUST
128 S TRYON ST
CHARLOTTE, NC 28202

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/31/2006

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First-Citizens Bank & Trust and they will explain how you can get an SBA loan for your company.

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.

The Friends and Family Network

Best Banks in Charlotte, North Carolina

North Carolina SBA 7A Lenders