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December 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Irvine, Business Loans > Pacific Enterprise Bank Irvine Business Loans > Juice It Up Wilshire Vermont Loan | ||||
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Los Angeles, California Bank Loan
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Loan to Buy Juice It Up Franchise Issued By Pacific Enterprise BankNeed money to invest in a Juice It Up franchise? Pacific Enterprise Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Juice It Up franchise shouldn't be overly burdensome. In 2007, Pacific Enterprise Bank issued an SBA franchise loan to an entrepreneur in Los Angeles, California. Because Juice It Up was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower JUICE IT UP WILSHIRE VERMONT SBA Loan Lender PACIFIC ENTERPRISE BANK This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 9/21/2007 Loan Approval Gross Amount $204,000 Loan Approval from the SBA Of the total $204,000 loan amount, the SBA guaranteed $153,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Juice It Up franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, 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:
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