South Cent. Bank - Barren County Provides SBA Loan to Buy Marble Slab Creamery Franchise

Need money to purchase a Marble Slab Creamery franchise? South Cent. Bank - Barren County has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Glasgow, Kentucky needed money to invest in a Marble Slab Creamery franchise back in 2003. South Cent. Bank - Barren County issued an SBA franchise loan. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

FOUR DIPS, INC.
GLASGOW, KY 42141

SBA Loan Lender

SOUTH CENT. BANK - BARREN COUNTY
208 S BROADWAY
GLASGOW, KY 42141

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

8/25/2003

Loan Approval Gross Amount

$764,800

Loan Approval from the SBA

Of the total $764,800 loan amount, the SBA guaranteed $573,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 51 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

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.

Related Links:

Marble Slab Creamery, Inc.

Strategic Investors

Where to Get an SBA Loan in Glasgow, Kentucky

Getting a Business Loan in Kentucky