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November 21, 2024  
 
 
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Requirements for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Juice It Up Franchise Issued By Gateway Business Bank

Need a loan to buy a Juice It Up franchise? Gateway Business Bank has a history of making these loans and they are guaranteed by the SBA.

Juice It Up franchise loans are available to Anaheim, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Gateway Business Bank, based in Cerritos, California, issued an SBA franchise loan for a Juice It Up franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

JUICE IT UP! ANAHEIM STADIUM L
ANAHEIM, CA 92805

SBA Loan Lender

GATEWAY BUSINESS BANK
18000 STUDEBAKER RD, STE 550
CERRITOS, CA 90703

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

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

$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 Juice It Up franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Gateway Business Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Juice It Up Franchise Corp.

Accountant's Role in Securing Financing

Who Lends Money to Small Businesses in Cerritos, California

Getting an SBA Loan in California