Georgia Entrepreneur Secures Financing to Buy Smoothie King health Food Store Franchise
Borrowing money to buy a Smoothie King health Food Store franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Smoothie King health Food Store franchise? If so, here's a 2006 SBA franchise loan that you should know about. Haven Trust Bank was the lender and the entrepreneur was based in Lawrenceville, Georgia.
SBA Loan Borrower
SMOOTHIE KING
LAWRENCEVILLE, GA 30043
SBA Loan Lender
HAVEN TRUST BANK
6340 SUGARLOAF PKWY, STE 100
DULUTH, GA 30097
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
9/5/2006
Loan Approval Gross Amount
$212,000
Loan Approval from the SBA
Of the total $212,000 loan amount, the SBA guaranteed $159,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Smoothie King health Food Store franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
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:
Smoothie King
Famous Venture Capitalists
Best Duluth, Georgia Banks for Small Business
Browse All Business Loan Sources for Georgia