Stockman Bank Of Montana Provides SBA Loan to Buy Junga Juice Franchise

Borrowing money to purchase a Junga Juice franchise? Stockman Bank Of Montana has a history of making these loans and they are guaranteed by the SBA.

If you live near Billings, Montana and are interested in buying a Junga Juice franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Stockman Bank Of Montana. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

JUNGA JUICE
BILLINGS, MT 59102

SBA Loan Lender

STOCKMAN BANK OF MONTANA
2700 KING AVE WEST
BILLINGS, MT 59102

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446191 - Food Supplement Stores

Loan Approval Date

10/26/2001

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Junga Juice franchise. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Stockman Bank Of Montana 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:

Borrowing Money from Friends and Family

SBA Participating Banks in Billings, Montana

Montana SBA 7A Banks