Commerce Bank/north Provides SBA Loan to Buy Maggiemoo's ice Cream Franchise

Need a loan to invest in a Maggiemoo's ice Cream franchise? Commerce Bank/north has a history of making these loans and they are guaranteed by the SBA.

Maggiemoo's ice Cream franchise loans are available to Ridgewood, New Jersey entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Commerce Bank/north, based in Ramsey, New Jersey, issued an SBA franchise loan for a Maggiemoo's ice Cream franchise in 2004. We've got all the details on this New Jersey small business loan.

SBA Loan Borrower

MAGGIE MOOS'S
RIDGEWOOD, NJ 07450

SBA Loan Lender

COMMERCE BANK/NORTH
1100 LAKE ST
RAMSEY, NJ 07446

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

10/4/2004

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maggiemoo's ice Cream franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Ridgewood NJ, you ought to talk with a local Ridgewood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ridgewood businesses.

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.

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MaggieMoo's International, LLC

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