Loan to Buy Beyond Juice Franchise Issued By Wells Fargo Bank

Borrowing money to invest in a Beyond Juice franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Beyond Juice franchise loans are available to Litchfield Park, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Beyond Juice franchise in 2004. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

BEYOND JUICE
LITCHFIELD PARK, AZ 85340

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

12/27/2004

Loan Approval Gross Amount

$100,800

Loan Approval from the SBA

Of the total $100,800 loan amount, the SBA guaranteed $85,680.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Beyond Juice franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Accountant's Role in Securing Financing

Small Business Banks in San Jose, California

SBA Lenders in California