Loan Census Banking News and Information
November 15, 2024  
 
 
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Small Business Banks for Colorado Springs, Colorado Business Owners

 

 
Loan Census SBA Loan Info

Colorado Entrepreneur Secures Financing to Buy Cold Stone Creamery Franchise

Need a loan to buy a Cold Stone Creamery franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Colorado Springs, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keybank National Association, based in Cleveland, Ohio, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2001. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
COLORADO SPRINGS, CO 80919

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

2/14/2001

Loan Approval Gross Amount

$144,800

Loan Approval from the SBA

Of the total $144,800 loan amount, the SBA guaranteed $123,080.

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 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

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

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 Keybank National Association 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.

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Where to Get an SBA Loan in Cleveland, Ohio

SBA Ohio Banks