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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Altamonte Springs, Business Loans > Banco Popular North America Altamonte Springs Business Loans > Planet Smoothies Loan | ||||
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Business Loans for Oviedo Small Businesses
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Oviedo, FL Entrepreneur Gets SBA Loan to Buy Planet Smoothie FranchiseNeed a loan to invest in a Planet Smoothie franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Planet Smoothie franchise may simply require a phone call to a local SBA banker. In 2001, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Oviedo, Florida. Because Planet Smoothie was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower PLANET SMOOTHIES SBA Loan Lender BANCO POPULAR NORTH AMERICA This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 7/12/2001 Loan Approval Gross Amount $156,000 Loan Approval from the SBA Of the total $156,000 loan amount, the SBA guaranteed $117,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Planet Smoothie franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower 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! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Oviedo 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. Related Links: Best Altamonte Springs, Florida Banks for Small Business
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