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