Loan to Buy Kohr Bros Frozen Custard Franchise Issued By Eaglebank

Need money to buy a Kohr Bros Frozen Custard franchise? Eaglebank has a history of making these loans and they are guaranteed by the SBA.

Kohr Bros Frozen Custard franchise loans are available to Rockville, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Eaglebank, based in Bethesda, Maryland, issued an SBA franchise loan for a Kohr Bros Frozen Custard franchise in 2001. We've got all the details on this Maryland small business loan.

SBA Loan Borrower

TWIST MANAGEMENT, LLC AND SJ12
ROCKVILLE, MD 20852

SBA Loan Lender

EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814

This SBA business 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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

8/30/2001

Loan Approval Gross Amount

$765,000

Loan Approval from the SBA

Of the total $765,000 loan amount, the SBA guaranteed $413,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kohr Bros Frozen Custard franchise. At the time of the loan, the company had 110 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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