California Entrepreneur Secures Financing to Buy Juice It Up Franchise
Borrowing money to invest in a Juice It Up franchise? Pacific Enterprise Bancorp has a history of making these loans and they are guaranteed by the SBA.
If you live near Pico Rivera, California and are interested in buying a Juice It Up franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Pacific Enterprise Bancorp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
JUICE IT UP
PICO RIVERA, CA 90660
SBA Loan Lender
PACIFIC ENTERPRISE BANCORP
17748 SKY PARK CIR, STE 100
IRVINE, CA 92614
This SBA 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
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
12/19/2007
Loan Approval Gross Amount
$204,500
Loan Approval from the SBA
Of the total $204,500 loan amount, the SBA guaranteed $153,375.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Juice It Up franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Enterprise Bancorp 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.
Related Links:
Juice It Up Franchise Corp.
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Where to Get an SBA Loan in Irvine, California
SBA Participating Banks in California