Hawaii Entrepreneur Secures Financing to Buy Bubbies Homemade Ice Cream Franchise

Need money to buy a Bubbies Homemade Ice Cream franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Bubbies Homemade Ice Cream franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank Of Hawaii was the lender and the entrepreneur was based in Honolulu, Hawaii.

SBA Loan Borrower

BUBBIES HOMEMADE ICE CREAM & D
HONOLULU, HI 96821

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

7/8/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bubbies Homemade Ice Cream franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the funding would help create 10 new jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $100,000 loan. Remember, things become real when you believe you can achieve them!

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:

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