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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Maggiemoos Ice Cream & Treater Loan | ||||
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Business Loans for Naples Entrepreneurs
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Naples, FL Entrepreneur Gets SBA Loan to Buy Maggiemoo's ice Cream FranchiseBorrowing money to purchase a Maggiemoo's ice Cream franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Naples, Florida needed money to invest in a Maggiemoo's ice Cream franchise back in 2003. Community W. Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower MAGGIEMOOS ICE CREAM & TREATER SBA Loan Lender COMMUNITY W. BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/16/2003 Loan Approval Gross Amount $238,400 Loan Approval from the SBA Of the total $238,400 loan amount, the SBA guaranteed $178,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Maggiemoo's ice Cream franchise. At the time of the loan, the company had only one employee. The loan application indicated that the borrowed money would help generate 14 new jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: MaggieMoo's International, LLC Small Business Banks in Goleta, California
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