Borrow Money to Buy a Cold Stone Creamery Franchise
Borrowing money to purchase a Cold Stone Creamery franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Cold Stone Creamery franchise shouldn't be overly burdensome. In 2005, Ups Capital Business Credit issued an SBA franchise loan to an entrepreneur in West Linn, Oregon. Because Cold Stone Creamery was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.
SBA Loan Borrower
COLD STONE CREAMERY #1141
WEST LINN, OR 97068
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
6/24/2005
Loan Approval Gross Amount
$261,000
Loan Approval from the SBA
Of the total $261,000 loan amount, the SBA guaranteed $195,750.
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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
The Art of Bootstrapping
Small Business Banks in Windsor, Connecticut
SBA Connecticut Lenders