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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Bellevue, Business Loans > Eastside Comm. Bank Bellevue Business Loans > Cold Stone Creamery Loan | ||||
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Raising Money in Seattle, Washington With SBA Loans
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Seattle, WA Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseNeed a loan to buy a Cold Stone Creamery franchise? Eastside Comm. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Seattle, Washington needed money to invest in a Cold Stone Creamery franchise back in 2005. Eastside Comm. Bank issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower COLD STONE CREAMERY SBA Loan Lender EASTSIDE COMM. BANK This bank 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 445299 - Specialty Food Stores Loan Approval Date 11/1/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 4 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Where to Get an SBA Loan in Bellevue, Washington SBA Participating Banks in Washington
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