West Hills, CA Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery Franchise
Borrowing money to purchase a Cold Stone Creamery franchise? Nara Bank has a history of making these loans and they are guaranteed by the SBA.
Cold Stone Creamery franchise loans are available to West Hills, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nara Bank, based in Los Angeles, California, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2004. We've got all the details on this California small business loan.
SBA Loan Borrower
COLD STONE CREAMERY FALLBROOK
WEST HILLS, CA 91307
SBA Loan Lender
NARA BANK
3731 WILSHIRE BLVD, STE 1000
LOS ANGELES, CA 90010
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
6/22/2004
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 a new business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help create 14 new jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, if it to be, it is up to me!
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.
Business Cash Advances
Banks in Los Angeles, California
Where to Get an SBA Loan California