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December 20, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Three Scoops Inc Loan | ||||
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SBA 7A Banks in New York
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Rye, NY Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseNeed a loan to invest in a Cold Stone Creamery franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA. Cold Stone Creamery franchise loans are available to Rye, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ups Capital Business Credit, based in Windsor, Connecticut, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2005. We've got all the details on this New York small business loan. SBA Loan Borrower THREE SCOOPS INC SBA Loan Lender UPS CAPITAL BUSINESS CREDIT As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 9/28/2005 Loan Approval Gross Amount $421,000 Loan Approval from the SBA Of the total $421,000 loan amount, the SBA guaranteed $315,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $421,000. How would you spend $421,000 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: SBA 7A Banks in Windsor, Connecticut
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