Rbs Citizens Provides SBA Loan to Buy Ben & Jerry's Ice Cream Franchise
Need money to purchase a Ben & Jerry's Ice Cream franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.
Ben & Jerry's Ice Cream franchise loans are available to Londonderry, New Hampshire entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in Providence, Rhode Island, issued an SBA franchise loan for a Ben & Jerry's Ice Cream franchise in 2006. We've got all the details on this New Hampshire small business loan.
SBA Loan Borrower
NH TREATS, LLC DBA BEN & JERRY'S
LONDONDERRY, NH 03053
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
722211 - Limited-Service Restaurants
Loan Approval Date
5/11/2006
Loan Approval Gross Amount
$240,000
Loan Approval from the SBA
Of the total $240,000 loan amount, the SBA guaranteed $120,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Ben & Jerry's Ice Cream franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 22 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Rbs Citizens and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Ben & Jerry's Franchising, Inc.
Equity Financing
SBA Participating Banks in Providence, Rhode Island
Rhode Island SBA 7A Lenders