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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Midlothian, Business Loans > Citizens & Farmers Bank Midlothian Business Loans > Bruster's Real Ice Cream Loan | ||||
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Best Banks for Glen Allen, Virginia Small Businesses
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Glen Allen, VA Entrepreneur Gets SBA Loan to Buy Bruster's FranchiseBorrowing money to buy a Bruster's franchise? Citizens & Farmers Bank has a history of making these loans and they are guaranteed by the SBA. Bruster's franchise loans are available to Glen Allen, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citizens & Farmers Bank, based in Midlothian, Virginia, issued an SBA franchise loan for a Bruster's franchise in 2004. We've got all the details on this Virginia small business loan. SBA Loan Borrower BRUSTER'S REAL ICE CREAM SBA Loan Lender CITIZENS & FARMERS BANK This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5461 - Retail Bakeries NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 2/4/2004 Loan Approval Gross Amount $123,000 Loan Approval from the SBA Of the total $123,000 loan amount, the SBA guaranteed $92,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Bruster's franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Microlending as a Small Business Funding Source Find an SBA Lender in Midlothian, Virginia Getting an SBA Loan in Virginia
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