Loan to Buy Cold Stone Creamery Franchise Issued By Comerica Bank

Borrowing money to invest in a Cold Stone Creamery franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to North Charleston, South Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Sacramento, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2003. We've got all the details on this South Carolina small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
NORTH CHARLESTON, SC 29406

SBA Loan Lender

COMERICA BANK
455 CAPITAL MALL, STE 115
SACRAMENTO, CA 95814

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$225,100

Loan Approval from the SBA

Of the total $225,100 loan amount, the SBA guaranteed $168,825.

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 only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in North Charleston or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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SBA 7A Banks for Sacramento, California Loans

California SBA Bank Lenders