San Dimas, CA Entrepreneur Gets SBA Loan to Buy Baskin-Robbins 31 Ice Cream Franchise
Need money to buy a Baskin-Robbins 31 Ice Cream franchise? Saehan Bank has a history of making these loans and they are guaranteed by the SBA.
Baskin-Robbins 31 Ice Cream franchise loans are available to San Dimas, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Saehan Bank, based in Los Angeles, California, issued an SBA franchise loan for a Baskin-Robbins 31 Ice Cream franchise in 2003. We've got all the details on this California small business loan.
SBA Loan Borrower
31 BASKIN ROBBINS ICE
SAN DIMAS, CA 91604
SBA Loan Lender
SAEHAN BANK
3580 WILSHIRE BLVD, STE 1500
LOS ANGELES, CA 90010
This lender provides SBA commercial 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
9/30/2003
Loan Approval Gross Amount
$135,000
Loan Approval from the SBA
Of the total $135,000 loan amount, the SBA guaranteed $114,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Direct Public Offerings
Good Banks for Small Business in Los Angeles, California
Getting an SBA Loan in California