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November 24, 2024  
 
 
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Raising Money in Boston, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Robeks Juice Franchise

Need money to invest in a Robeks Juice franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Boston, Massachusetts needed money to invest in a Robeks Juice franchise back in 2007. Business Lenders, LLC issued an SBA franchise loan. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

ROBEKS FRUITS SMOOTHIES & HEAL
BOSTON, MA 02215

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA loan for small businesses 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

6/15/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Robeks Juice franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help generate 10 new jobs.

Next Steps for Getting an SBA Loan

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Robeks Franchise Corporation

Advice on Getting a Small Business Loan

Find an SBA Lender in Hartford, Connecticut

Connecticut SBA Banks