Amer Enter. Bank - Florida Provides SBA Loan to Buy Tropical Smoothie Franchise

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

Want to borrow money to buy a Tropical Smoothie franchise? If so, here's a 2005 SBA franchise loan that you should know about. Amer Enter. Bank - Florida was the lender and the entrepreneur was based in Jacksonville, Florida.

SBA Loan Borrower

TROPICAL SMOOTHIE CAFE
JACKSONVILLE, FL 32256

SBA Loan Lender

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

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/13/2005

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Tropical Smoothie franchise. At the time of the loan, the company had 30 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Realistic Debt Financing Options

Best Jacksonville, Florida Banks for Small Business

Florida SBA 7A Lenders