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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Anaheim, Business Loans > Premier Comm. Bank Anaheim Business Loans > Tropical Smoothie Cafe Loan | ||||
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Business Loans for Fullerton Small Businesses
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Fullerton, CA Entrepreneur Gets SBA Loan to Buy Tropical Smoothie FranchiseNeed a loan to invest in a Tropical Smoothie franchise? Premier Comm. Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Fullerton, California and are interested in buying a Tropical Smoothie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Premier Comm. Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower TROPICAL SMOOTHIE CAFE SBA Loan Lender PREMIER COMM. BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 8/19/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tropical Smoothie franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $250,000. How would you spend $250,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks for Anaheim, California Loans
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