Borrow Money to Buy a Baskin-Robbins 31 Ice Cream Franchise
Need a loan to invest in a Baskin-Robbins 31 Ice Cream franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
Baskin-Robbins 31 Ice Cream franchise loans are available to Wildomar, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Houston, Texas, issued an SBA franchise loan for a Baskin-Robbins 31 Ice Cream franchise in 2006. We've got all the details on this California small business loan.
SBA Loan Borrower
MAKONU, INC. DBA BASKIN-ROBBINS WILDOMAR
Wildomar, CA 92595
SBA Loan Lender
COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/31/2006
Loan Approval Gross Amount
$375,000
Loan Approval from the SBA
Of the total $375,000 loan amount, the SBA guaranteed $281,250.
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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $375,000. How would you spend $375,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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