Borrow Money to Buy a Baskin-Robbins 31 Ice Cream Franchise

Need money to buy a Baskin-Robbins 31 Ice Cream franchise? Us Metro Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Long Beach, California needed money to invest in a Baskin-Robbins 31 Ice Cream franchise back in 2007. Us Metro Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

BRAZIL'S ICE CREAM SHOP, LLC
Long Beach, CA 90808

SBA Loan Lender

US METRO BANK
9866 GARDEN GROVE BLVD
GARDEN GROVE, CA 92844

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

12/7/2007

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

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.

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