Phoenix, AZ Entrepreneur Gets SBA Loan to Buy Robeks Juice Franchise
Need money to invest in a Robeks Juice franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Phoenix, Arizona needed money to invest in a Robeks Juice franchise back in 2004. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
ROBEKS FRUIT SMOOTHIES & HEALT
PHOENIX, AZ 85032
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA loan for small businesses 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
9/13/2004
Loan Approval Gross Amount
$390,800
Loan Approval from the SBA
Of the total $390,800 loan amount, the SBA guaranteed $293,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Robeks Juice franchise. At the time of the loan, the company
had 12 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
Related Links:
Robeks Franchise Corporation
Borrowing Money from Friends and Family
SBA Banks in San Jose, California
California SBA 7A Banks