Indiana Entrepreneur Secures Financing to Buy Culver's Frozen Custard Franchise

Need money to purchase a Culver's Frozen Custard franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Culver's Frozen Custard franchise? If so, here's a 2002 SBA franchise loan that you should know about. Associated Bank was the lender and the entrepreneur was based in Noblesville, Indiana.

SBA Loan Borrower

CULVERS RESTAURANT
NOBLESVILLE, IN 46060

SBA Loan Lender

ASSOCIATED BANK
100 W WISCONSIN AVE
NEENAH, WI 54956

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/19/2002

Loan Approval Gross Amount

$337,500

Loan Approval from the SBA

Of the total $337,500 loan amount, the SBA guaranteed $253,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Culver's Frozen Custard franchise. At the time of the loan, the company had 73 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $337,500. How would you spend $337,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Culver's

Family and Friend Investors - Your First Financiers

Good Banks for Small Business in Neenah, Wisconsin

Wisconsin SBA Banks