Jacksonville, FL Entrepreneur Gets SBA Loan to Buy Juan's Mexicali Franchise

Need a loan to buy a Juan's Mexicali franchise? Centerbank - Jacksonville has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Juan's Mexicali franchise? If so, here's a 2006 SBA franchise loan that you should know about. Centerbank - Jacksonville was the lender and the entrepreneur was based in Jacksonville, Florida.

SBA Loan Borrower

P K GALA INC
JACKSONVILLE, FL 32226

SBA Loan Lender

CENTERBANK - JACKSONVILLE
1325 HENDRICKS AVE
JACKSONVILLE, FL 32207

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

8/24/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Juan's Mexicali franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Juan's Mexicali

Obtaining Funding - Friends and Family

Small Business Banks in Jacksonville, Florida

Getting an SBA Loan in Florida