Texas Entrepreneur Secures Financing to Buy Keva Juice Franchise
Need money to buy a Keva Juice franchise? Lubbock National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Keva Juice franchise? If so, here's a 2005 SBA franchise loan that you should know about. Lubbock National Bank was the lender and the entrepreneur was based in Lubbock, Texas.
SBA Loan Borrower
KEVAJUICE
LUBBOCK, TX 79707
SBA Loan Lender
LUBBOCK NATIONAL BANK
4811 50TH ST
LUBBOCK, TX 79414
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
10/19/2005
Loan Approval Gross Amount
$169,500
Loan Approval from the SBA
Of the total $169,500 loan amount, the SBA guaranteed $127,125.
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 create 12 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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