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December 24, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Synergy Investments Iv Inc Loan | ||||
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Requirements for Getting a Franchise Loan
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Borrow Money to Buy an Orange Julius FranchiseNeed a loan to purchase an Orange Julius franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA. Orange Julius franchise loans are available to Bloomington, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for an Orange Julius franchise in 2002. We've got all the details on this Minnesota small business loan. SBA Loan Borrower SYNERGY INVESTMENTS IV INC SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 12/27/2002 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $57,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Orange Julius franchise. At the time of the loan, the company had 20 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 30 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $115,000 loan. Remember, you control your own destiny. 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:
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