Commerce Bank Provides SBA Loan to Buy Marble Slab Creamery Franchise

Need money to buy a Marble Slab Creamery franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in San Antonio, Texas needed money to invest in a Marble Slab Creamery franchise back in 2004. Commerce Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

MARBLE SLAB CREAMERY ROLLING O
SAN ANTONIO, TX 78247

SBA Loan Lender

COMMERCE BANK
2120 SAUNDERS
LAREDO, TX 78041

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/15/2004

Loan Approval Gross Amount

$180,640

Loan Approval from the SBA

Of the total $180,640 loan amount, the SBA guaranteed $135,480.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Marble Slab Creamery, Inc.

SBIR Funding

Where to Get an SBA Loan in Laredo, Texas

Texas SBA 7A Lenders