Arizona Entrepreneur Secures Financing to Buy Robeks Juice Franchise
Borrowing money to invest in a Robeks Juice franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Robeks Juice franchise? If so, here's a 2007 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in Goodyear (litchdield), Arizona.
SBA Loan Borrower
ROBEKS JUICE
GOODYEAR (LITCHDIELD), AZ 85338
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
9/28/2007
Loan Approval Gross Amount
$177,000
Loan Approval from the SBA
Of the total $177,000 loan amount, the SBA guaranteed $132,750.
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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into California Bank & Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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
Bank Credit Lines
SBA 7A Banks in Sacramento, California
California SBA 7A Lenders