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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Tropical Smoothie Cafe Loan | ||||
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Business Loans for Navarre Small Businesses
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Regions Bank Provides SBA Loan to Buy Tropical Smoothie FranchiseNeed money to purchase a Tropical Smoothie franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Navarre, Florida and are interested in buying a Tropical Smoothie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Regions Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower TROPICAL SMOOTHIE CAFE SBA Loan Lender REGIONS BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 12/14/2004 Loan Approval Gross Amount $167,400 Loan Approval from the SBA Of the total $167,400 loan amount, the SBA guaranteed $125,550. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tropical Smoothie franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Regions Bank and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Atlanta, Georgia Where to Get an SBA Loan Georgia
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