Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Irvine, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Robeks Juice Franchise

Need money to purchase a Robeks Juice franchise? Premier Comm. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Robeks Juice franchise may simply require a phone call to a local SBA banker. In 2003, Premier Comm. Bank issued an SBA franchise loan to an entrepreneur in Irvine, California. Because Robeks Juice was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

ROBEKS-SAN CANYON
IRVINE, CA 92618

SBA Loan Lender

PREMIER COMM. BANK
2400 E KATELLA AVE, STE 125
ANAHEIM, CA 92806

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

8/7/2003

Loan Approval Gross Amount

$254,000

Loan Approval from the SBA

Of the total $254,000 loan amount, the SBA guaranteed $190,500.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Dealing With Venture Capitalists

Find an SBA Lender in Anaheim, California

Getting an SBA Loan in California