Arkansas Entrepreneur Secures Financing to Buy Marble Slab Creamery Franchise

Need money to invest in a Marble Slab Creamery franchise? Simmons 1st Bank - Jonesboro has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Marble Slab Creamery franchise? If so, here's a 2006 SBA franchise loan that you should know about. Simmons 1st Bank - Jonesboro was the lender and the entrepreneur was based in Jonesboro, Arkansas.

SBA Loan Borrower

TWO SPOONS LLC DBA MARBLE SLAB
JONESBORO, AR 72401

SBA Loan Lender

SIMMONS 1ST BANK - JONESBORO
1720 S CARAWAY RD
JONESBORO, AR 72401

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

12/19/2006

Loan Approval Gross Amount

$338,600

Loan Approval from the SBA

Of the total $338,600 loan amount, the SBA guaranteed $169,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the funding would help generate 4 new jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Jonesboro or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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SBA 7A Lenders in Jonesboro, Arkansas

Getting an SBA Loan in Arkansas