Main Street Registry

Bruster’s Real Ice Cream Conroe

Conroe, TX · Limited-Service Restaurants · NAICS 722513

Bruster's Real Ice Cream Conroe is a limited-service restaurant business in Conroe, Texas, in the Limited-Service Restaurants industry (NAICS 722513), operating as a Bruster's Real Ice Cream franchise. The business financed real estate or equipment through an SBA 504 loan of $1,434,000, with approval dated March 19, 2024, through lender Zions Bancorporation, National Association and certified development company LiftFund, Inc.

SBA 504 loan, approved Mar 19, 2024

$1,434,000 SBA portionCDC: LiftFund, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,434,000
Bank portion
$1,310,000
Estimated project size
$3,048,889 (estimated)
Estimated owner equity
$304,889 (estimated, about 10% of the project)
Bank lender
Zions Bancorporation, National Association, Salt Lake City, UT
CDC
LiftFund, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 19, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
10
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Bruster's Real Ice Cream
Project location
Montgomery County, TX
SBA district office
Houston District Office
Congressional district
TX-8
Collateral
Yes

Estimated share of project by source

Bank 43% SBA (CDC) 47% Owner 10%

  • Larger than 56% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in Texas: $2,316,979.

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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Same industry in Texas