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November 14, 2024  
 
 
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Wells Fargo Audit Services Inc Provides SBA Loan to Buy Ritter's Frozen Custard Franchise

Need a loan to invest in a Ritter's Frozen Custard franchise? Wells Fargo Audit Services Inc has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Ritter's Frozen Custard franchise? If so, here's a 2000 SBA franchise loan that you should know about. Wells Fargo Audit Services Inc was the lender and the entrepreneur was based in Ocala, Florida.

SBA Loan Borrower

RITTER'S FROZEN CUSTARD
OCALA, FL 34474

SBA Loan Lender

WELLS FARGO AUDIT SERVICES INC
NORWEST CTR
MINNEAPOLIS, MN 55402

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

3/3/2000

Loan Approval Gross Amount

$637,000

Loan Approval from the SBA

Of the total $637,000 loan amount, the SBA guaranteed $477,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ritter's Frozen Custard franchise. At the time of the loan, the company had 30 employees. This SBA loan request did not indicate that the company planned to use the funding 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.

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:

Ritter's Frozen Custard

Bank Credit Lines

Small Business Banks in Minneapolis, Minnesota

Getting an SBA Loan in Minnesota