CR 45 Bux, LLC
CR 45 Bux, LLC is a limited-service restaurant business located in Castle Pines, Colorado, operating as a Cold Stone Creamery franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $835,000, approved on January 5, 2024 by Pathward National Association, and the loan reported 35 jobs.
SBA 7(a) loan, change of ownership, approved Jan 5, 2024
$835,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $835,000
- SBA-guaranteed amount
- $626,250 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 5, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,740 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Cold Stone Creamery
- Project location
- Douglas County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 39% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Colorado: $1,608,658.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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