The Bank Provides SBA Loan to Buy Maui Wowi Franchise

Need money to buy a Maui Wowi franchise? The Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Maui Wowi franchise? If so, here's a 2007 SBA franchise loan that you should know about. The Bank was the lender and the entrepreneur was based in Lawrenceville, New Jersey.

SBA Loan Borrower

SUPREME BUSINESS CONCEPTS LLC
Lawrenceville, NJ 08648

SBA Loan Lender

THE BANK
100 PARK AVE
WOODBURY, NJ 08096

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

11/6/2007

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maui Wowi franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Lawrenceville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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