Mogadore (township Of), OH Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery Franchise
Need money to buy a Cold Stone Creamery franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cold Stone Creamery franchise? If so, here's a 2006 SBA franchise loan that you should know about. Pnc Bank, National Association was the lender and the entrepreneur was based in Mogadore (township Of), Ohio.
SBA Loan Borrower
COLD STONE CREAMERY
MOGADORE (TOWNSHIP OF), OH 44620
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
6/29/2006
Loan Approval Gross Amount
$312,800
Loan Approval from the SBA
Of the total $312,800 loan amount, the SBA guaranteed $234,600.
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 SBA loan documents indicated that the loan would help generate 22 new jobs and retain 25 existing jobs.
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SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
Financing Your Business
SBA 7A Banks in Pittsburgh, Pennsylvania
SBA Lenders in Pennsylvania