Community Bank Provides SBA Loan to Buy Smoothie King health Food Store Franchise

Need money to purchase a Smoothie King health Food Store franchise? Community Bank has a history of making these loans and they are guaranteed by the SBA.

Smoothie King health Food Store franchise loans are available to Fort Worth, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank, based in Granbury, Texas, issued an SBA franchise loan for a Smoothie King health Food Store franchise in 2003. We've got all the details on this Texas small business loan.

SBA Loan Borrower

D & L CONCEPTS
FORT WORTH, TX 76137

SBA Loan Lender

COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048

This lender provides SBA 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.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/8/2003

Loan Approval Gross Amount

$61,400

Loan Approval from the SBA

Of the total $61,400 loan amount, the SBA guaranteed $52,190.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Smoothie King health Food Store franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

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.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Smoothie King

Business Incubators

Banks in Granbury, Texas

Getting a Business Loan in Texas