Loan to Buy Tropical Smoothie Franchise Issued By Amer Enter. Bank - Florida

Borrowing money 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 Beach, 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 BEACH, FL 32250

SBA Loan Lender

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

This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/18/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 8 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $250,000 loan. Remember, things become real when you believe you can achieve them!

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.

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