Tennessee Entrepreneur Secures Financing to Buy Java Jo'Z Franchise
Borrowing money to invest in a Java Jo'Z franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
Java Jo'Z franchise loans are available to Knoxville, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Goleta, California, issued an SBA franchise loan for a Java Jo'Z franchise in 2006. We've got all the details on this Tennessee small business loan.
SBA Loan Borrower
CUP O'KAFEE,INC. DBA CUPPY'S
KNOXVILLE, TN 37920
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
7/21/2006
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Java Jo'Z franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, 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:
Business Incubators
SBA 7A Banks for Goleta, California Loans
California SBA Banks