Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Lubbock, Texas

 

 
Loan Census SBA Loan Info

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.

Related Links:

Keva Juice

Bank Credit Lines

SBA Banks in Lubbock, Texas

Browse All Business Loan Sources for Texas