Arizona Entrepreneur Secures Financing to Buy Baskin-Robbins 31 Ice Cream Franchise
Need money to invest in a Baskin-Robbins 31 Ice Cream franchise? Vantage West Cu has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Baskin-Robbins 31 Ice Cream franchise? If so, here's a 2007 SBA franchise loan that you should know about. Vantage West Cu was the lender and the entrepreneur was based in Tucson, Arizona.
SBA Loan Borrower
DT VENTURES, LLC
TUCSON, AZ 85716
SBA Loan Lender
VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
6/21/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Baskin-Robbins 31 Ice Cream franchise. At the time of the loan, the company
had 11 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 11 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Tucson AZ, you ought to talk with a local Tucson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tucson businesses.
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.
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