Loan to Buy Cold Stone Creamery Franchise Issued By Premier Community Bank

Borrowing money to invest in a Cold Stone Creamery franchise? Premier Community Bank has a history of making these loans and they are guaranteed by the SBA.

Cold Stone Creamery franchise loans are available to Wausau, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Community Bank, based in Marion, Wisconsin, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2007. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

COLD STONE CREAMERY
WAUSAU, WI 54401

SBA Loan Lender

PREMIER COMMUNITY BANK
230 MAVIS RD
MARION, WI 54950

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

2/14/2007

Loan Approval Gross Amount

$87,900

Loan Approval from the SBA

Of the total $87,900 loan amount, the SBA guaranteed $43,950.

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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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