Mechanicsburg, PA Entrepreneur Gets SBA Loan to Buy Cuppy's Coffee, Smoothies & More Franchise

Need a loan to purchase a Cuppy's Coffee, Smoothies & More franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Cuppy's Coffee, Smoothies & More franchise? If so, here's a 2007 SBA franchise loan that you should know about. Comerica Bank was the lender and the entrepreneur was based in Mechanicsburg, Pennsylvania.

SBA Loan Borrower

CUPPY'S OF MECHANICSBURG
MECHANICSBURG, PA 17050

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

7/2/2007

Loan Approval Gross Amount

$239,500

Loan Approval from the SBA

Of the total $239,500 loan amount, the SBA guaranteed $179,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cuppy's Coffee, Smoothies & More franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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Cuppy's Coffee, Smoothies & More

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