Loan to Buy Ben & Jerry's Ice Cream Franchise Issued By First Comm. Bank - Florida
Borrowing money to buy a Ben & Jerry's Ice Cream franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Orlando, Florida needed money to invest in a Ben & Jerry's Ice Cream franchise back in 2004. First Comm. Bank - Florida issued an SBA franchise loan. Here are the details on this Florida small business loan.
SBA Loan Borrower
BEN & JERRY'S
ORLANDO, FL 32819
SBA Loan Lender
FIRST COMM. BANK - FLORIDA
945 S ORANGE AVE
ORLANDO, FL 32806
This commercial loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
5/18/2004
Loan Approval Gross Amount
$220,000
Loan Approval from the SBA
Of the total $220,000 loan amount, the SBA guaranteed $165,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Ben & Jerry's Ice Cream franchise. At the time of the loan, the company
had 12 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $220,000 loan. Remember, things become real when you believe you can achieve them!
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:
Ben & Jerry's Franchising, Inc.
Equity Financing
Where to Get an SBA Loan in Orlando, Florida
Florida SBA 7A Lenders