Loan to Buy Cold Stone Creamery Franchise Issued By Pacific Western Bank

Need money to buy a Cold Stone Creamery franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Vista, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Western Bank, based in Santee, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

COLD STONE CREAMERY #254
VISTA, CA 92084

SBA Loan Lender

PACIFIC WESTERN BANK
9955 MISSION GORGE RD
SANTEE, CA 92071

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

8/19/2003

Loan Approval Gross Amount

$205,835

Loan Approval from the SBA

Of the total $205,835 loan amount, the SBA guaranteed $154,376.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Western Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Cold Stone Creamery, Inc.

How Equity Dilution Works

SBA 7A Banks in Santee, California

Getting an SBA Loan in California