Borrow Money to Buy a Cold Stone Creamery Franchise

Borrowing money to purchase a Cold Stone Creamery franchise? Greater Bay Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Cold Stone Creamery franchise requires some effort but others before you have been successful. In 2005, Greater Bay Bank issued an SBA franchise loan to an entrepreneur in Santa Clara, California. Because Cold Stone Creamery was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

COLD STONE CREAMERY #381
SANTA CLARA, CA 95050

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

11/25/2005

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

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 20 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Santa Clara CA, you ought to talk with a local Santa Clara SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Clara businesses.

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:

Cold Stone Creamery, Inc.

Microlending as a Small Business Funding Source

SBA Banks in Palo Alto, California

SBA Lenders in California