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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Kitsap Bank Provides SBA Loan to Buy Baskin-Robbins 31 Ice Cream Franchise

Need money to invest in a Baskin-Robbins 31 Ice Cream franchise? Kitsap Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Silverdale, Washington and are interested in buying a Baskin-Robbins 31 Ice Cream franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Kitsap Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BASKIN ROBBINS
SILVERDALE, WA 98383

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

This lender provides SBA guaranteed business 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

722211 - Limited-Service Restaurants

Loan Approval Date

5/29/2003

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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Best Port Orchard, Washington Banks for Small Business

Washington SBA 7A Lenders