Texas Entrepreneur Secures Financing to Buy Cold Stone Creamery Franchise
Need money to invest in a Cold Stone Creamery franchise? Amegy Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Cold Stone Creamery franchise shouldn't be too tough. In 2005, Amegy Bank issued an SBA franchise loan to an entrepreneur in Houston, Texas. Because Cold Stone Creamery was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
COLD STONE CREAMERY #1427
HOUSTON, TX 77098
SBA Loan Lender
AMEGY BANK
4400 POST OAK PKWY
HOUSTON, TX 77027
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
4/27/2005
Loan Approval Gross Amount
$223,800
Loan Approval from the SBA
Of the total $223,800 loan amount, the SBA guaranteed $167,850.
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 SBA loan application for the borrower indicated that the borrowed money would help create 3 new jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
504 Loans
SBA Participating Banks in Houston, Texas
SBA Lenders in Texas