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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Corona, Business Loans > Vineyard Bank Corona Business Loans > Mixin It Up Inc Loan | ||||
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Los Angeles, California Bank Loan
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Los Angeles, CA Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseBorrowing money to invest in a Cold Stone Creamery franchise? Vineyard Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Los Angeles, California needed money to invest in a Cold Stone Creamery franchise back in 2006. Vineyard Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower MIXIN IT UP INC SBA Loan Lender VINEYARD BANK This lender provides SBA commercial 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 722211 - Limited-Service Restaurants Loan Approval Date 10/5/2006 Loan Approval Gross Amount $357,000 Loan Approval from the SBA Of the total $357,000 loan amount, the SBA guaranteed $267,750. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help create 20 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Vineyard Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA 7A Lenders in Corona, California Getting a Business Loan in California
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