Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Lubbock, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Keva Juice Franchise

Borrowing money to purchase a Keva Juice franchise? Lubbock National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Keva Juice franchise is doable. In 2006, Lubbock National Bank issued an SBA franchise loan to an entrepreneur in Lubbock, Texas. Because Keva Juice was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

KEVA JUICE
LUBBOCK, TX 79407

SBA Loan Lender

LUBBOCK NATIONAL BANK
4811 50TH ST
LUBBOCK, TX 79414

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

2/9/2006

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Keva Juice franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Keva Juice

Startup Funding Tip

Small Bank Loans in Lubbock, Texas

Texas SBA Bank Lenders