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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Francisco, Business Loans > Union Bank Of California San Francisco Business Loans > Carvel Ice Cream Store #3180 Loan | ||||
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How to Get SBA Loans in Riverside, California
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Borrow Money to Buy a Carvel Ice Cream FranchiseNeed a loan to invest in a Carvel Ice Cream franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Riverside, California needed money to invest in a Carvel Ice Cream franchise back in 2005. Union Bank Of California issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower CARVEL ICE CREAM STORE #3180 SBA Loan Lender UNION BANK OF CALIFORNIA Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 2/23/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Carvel Ice Cream franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Who Lends Money to Small Businesses in San Francisco, California Find an SBA Lender in California
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