Loan to Buy Cold Stone Creamery Franchise Issued By Farmers & Merchants Bank - Cent.

Borrowing money to purchase a Cold Stone Creamery franchise? Farmers & Merchants Bank - Cent. has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Manteca, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Farmers & Merchants Bank - Cent., based in Elk Grove, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2001. We've got all the details on this California small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
MANTECA, CA 95336

SBA Loan Lender

FARMERS & MERCHANTS BANK - CENT.
8788 ELK GROVE BLVD
ELK GROVE, CA 95624

This lender provides SBA guaranteed business 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

9/7/2001

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help create 30 new jobs.

Next Steps for Getting an SBA Loan

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Farmers & Merchants Bank - Cent. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

Realistic Debt Financing Options

Where to Get an SBA Loan in Elk Grove, California

California SBA 7A Lenders