Community Bank - Cent. Californi Provides SBA Loan to Buy Jamba Juice Franchise

Need a loan to invest in a Jamba Juice franchise? Community Bank - Cent. Californi has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Jamba Juice franchise may simply require a phone call to a local SBA banker. In 2006, Community Bank - Cent. Californi issued an SBA franchise loan to an entrepreneur in Monterey, California. Because Jamba Juice was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

JAMBA JUICE
MONTEREY, CA 93940

SBA Loan Lender

COMMUNITY BANK - CENT. CALIFORNI
301 MAIN ST
SALINAS, CA 93901

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

2/10/2006

Loan Approval Gross Amount

$641,000

Loan Approval from the SBA

Of the total $641,000 loan amount, the SBA guaranteed $480,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jamba Juice franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank - Cent. Californi are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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