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December 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fort Lee, Business Loans > Bnb Bank, National Association Fort Lee Business Loans > Living Well Creamery LLC Loan | ||||
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SBA Franchise Financing Lender Montclair (township Of) New Jersey
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Montclair (township Of), NJ Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseNeed money to buy a Cold Stone Creamery franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Montclair (township Of), New Jersey needed money to invest in a Cold Stone Creamery franchise back in 2006. Bnb Bank, National Association issued an SBA franchise loan. Here are the details on this New Jersey small business loan. SBA Loan Borrower LIVING WELL CREAMERY LLC SBA Loan Lender BNB BANK, NATIONAL ASSOCIATION This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 1/11/2006 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $10,000 loan. Remember, fight for what you want, and it will be yours! 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: Role of Business Plan When Raising Money Small Bank Loans in Fort Lee, New Jersey
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