Borrow Money to Buy a Paciugo Italian Gelato Renaissance Franchise

Borrowing money to purchase a Paciugo Italian Gelato Renaissance franchise? Community Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Paciugo Italian Gelato Renaissance franchise shouldn't be too tough. In 2006, Community Bank & Trust issued an SBA franchise loan to an entrepreneur in Madison, Wisconsin. Because Paciugo Italian Gelato Renaissance was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

PACIUGO ITALIAN GELATO AND COF
MADISON, WI 53703

SBA Loan Lender

COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081

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

7/26/2006

Loan Approval Gross Amount

$279,000

Loan Approval from the SBA

Of the total $279,000 loan amount, the SBA guaranteed $209,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Paciugo Italian Gelato Renaissance franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 11 new jobs and retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Paciugo Italian Gelato

Business Line of Credit

Best Banks for Small Business in Sheboygan, Wisconsin

SBA Wisconsin Banks