Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans to Buy a Franchise in Kamuela, Hawaii

 

 
Loan Census SBA Loan Info

Hawaii Entrepreneur Secures Financing to Buy Cold Stone Creamery Franchise

Need a loan to invest in a Cold Stone Creamery franchise? Central Pacific Bank has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Kamuela, Hawaii entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Central Pacific Bank, based in Honolulu, Hawaii, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2002. We've got all the details on this Hawaii small business loan.

SBA Loan Borrower

H-G KONA CREAMERY, LLC
KAMUELA, HI 96743

SBA Loan Lender

CENTRAL PACIFIC BANK
220 S KING ST
HONOLULU, HI 96813

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

11/26/2002

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 10 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Kamuela HI, you ought to talk with a local Kamuela SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kamuela businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

Business Cash Advances

SBA Banks in Honolulu, Hawaii

Getting an SBA Loan in Hawaii