Borrow Money to Buy a Happy & Healthy Products Franchise
Borrowing money to purchase a Happy & Healthy Products franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Happy & Healthy Products franchise shouldn't be too tough. In 2004, Regions Bank issued an SBA franchise loan to an entrepreneur in Maryland Heights, Missouri. Because Happy & Healthy Products was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.
SBA Loan Borrower
HAPPY & HEALTHY
MARYLAND HEIGHTS, MO 63043
SBA Loan Lender
REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311411 - Frozen Fruit, Juice, and Vegetable Manufacturing
Loan Approval Date
9/24/2004
Loan Approval Gross Amount
$50,900
Loan Approval from the SBA
Of the total $50,900 loan amount, the SBA guaranteed $43,265.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Happy & Healthy Products franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This SBA loan was for $50,900. How would you spend $50,900 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Happy & Healthy Products, Inc.
Understanding Dilution
Who Lends Money to Small Businesses in Memphis, Tennessee
SBA Tennessee Banks