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