Borrow Money to Buy a Maui Wowi Franchise

Need a loan to purchase a Maui Wowi franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Maui Wowi franchise may simply require a phone call to a local SBA banker. In 2007, Bank Of America issued an SBA franchise loan to an entrepreneur in Carlsbad, California. Because Maui Wowi was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

MAUI WOWI HAWAIIAN COFFEES AND SMOOTHIES
CARLSBAD, CA 92011

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this loan 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

445299 - Specialty Food Stores

Loan Approval Date

4/10/2007

Loan Approval Gross Amount

$67,700

Loan Approval from the SBA

Of the total $67,700 loan amount, the SBA guaranteed $33,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Maui Wowi franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing 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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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