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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Millennium State Bank Of Texas Dallas Business Loans > Piccornolo Gelato Ice Cream At Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Houston, TX Entrepreneur Gets SBA Loan to Buy Piccomolo Italian Ice Cream FranchiseNeed money to buy a Piccomolo Italian Ice Cream franchise? Millennium State Bank Of Texas has a history of making these loans and they are guaranteed by the SBA. Piccomolo Italian Ice Cream franchise loans are available to Houston, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Millennium State Bank Of Texas, based in Dallas, Texas, issued an SBA franchise loan for a Piccomolo Italian Ice Cream franchise in 2005. We've got all the details on this Texas small business loan. SBA Loan Borrower PICCORNOLO GELATO ICE CREAM AT SBA Loan Lender MILLENNIUM STATE BANK OF TEXAS This lender provides SBA small 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 2/25/2005 Loan Approval Gross Amount $325,000 Loan Approval from the SBA Of the total $325,000 loan amount, the SBA guaranteed $243,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Piccomolo Italian 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 generate 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Getting a Business Loan in Texas
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