Dayton, OH Entrepreneur Gets SBA Loan to Buy Planet Smoothie Franchise
Need a loan to invest in a Planet Smoothie franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Planet Smoothie franchise? If so, here's a 2000 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Dayton, Ohio.
SBA Loan Borrower
PLANET SMOOTHIE
DAYTON, OH 45459
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender provides SBA bank 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.
SIC Code
5399 - General Merchandise Stores
Loan Approval Date
8/7/2000
Loan Approval Gross Amount
$102,000
Loan Approval from the SBA
Of the total $102,000 loan amount, the SBA guaranteed $76,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Planet Smoothie franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $102,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Planet Smoothie
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Texas SBA 7A Banks