Loan to Buy Rocky Mountain Chocolate Factory Franchise Issued By Keypoint Cu

Need money to purchase a Rocky Mountain Chocolate Factory franchise? Keypoint Cu has a history of making these loans and they are guaranteed by the SBA.

Rocky Mountain Chocolate Factory franchise loans are available to Pleasanton, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keypoint Cu, based in Sunnyvale, California, issued an SBA franchise loan for a Rocky Mountain Chocolate Factory franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

ROCKY MOUNTAIN CHOCOLATE FACTO
PLEASANTON, CA 94588

SBA Loan Lender

KEYPOINT CU
505 N MATHILDA AVE
SUNNYVALE, CA 94085

This lender issued this SBA bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445292 - Confectionery and Nut Stores

Loan Approval Date

3/29/2007

Loan Approval Gross Amount

$268,000

Loan Approval from the SBA

Of the total $268,000 loan amount, the SBA guaranteed $201,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $268,000. How would you spend $268,000 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.

Related Links:

Rocky Mountain Chocolate Factory

Family and Friend Investors - Your First Financiers

SBA Banks in Sunnyvale, California

California SBA 7A Lenders