Florida Entrepreneur Secures Financing to Buy Tropical Smoothie Franchise

Need a loan to buy a Tropical Smoothie franchise? Amer Enter. Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

Tropical Smoothie franchise loans are available to Jacksonville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer Enter. Bank - Florida, based in Jacksonville, Florida, issued an SBA franchise loan for a Tropical Smoothie franchise in 2006. We've got all the details on this Florida small business loan.

SBA Loan Borrower

TROPICAL SMOOTHIE CAFE'
JACKSONVILLE, FL 32257

SBA Loan Lender

AMER ENTER. BANK - FLORIDA
4655 SALISBURY RD, STE 100
JACKSONVILLE, FL 32256

At the time this loan was granted, the lender was part of the SBA's Certified Lenders Program (CLP). This program was created to ensure expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/3/2006

Loan Approval Gross Amount

$226,250

Loan Approval from the SBA

Of the total $226,250 loan amount, the SBA guaranteed $169,688.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Tropical Smoothie Cafe

Getting a Small Business Loan

Where to Get an SBA Loan in Jacksonville, Florida

Florida SBA Banks