Palo Alto, CA Entrepreneur Gets SBA Loan to Buy Haagen-Dazs Ice Cream Franchise
Need a loan to purchase a Haagen-Dazs Ice Cream franchise? Keypoint Cu has a history of making these loans and they are guaranteed by the SBA.
If you live near Palo Alto, California and are interested in buying a Haagen-Dazs Ice Cream franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Keypoint Cu. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
HAAGEN DAZS
PALO ALTO, CA 94301
SBA Loan Lender
KEYPOINT CU
2805 BOWERS AVE
SANTA CLARA, CA 95051
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
8/17/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Haagen-Dazs Ice Cream franchise. At the time of the loan, the company
had 7 employees. This SBA loan request 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
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $100,000. How would you spend $100,000 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.
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