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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Ridgecrest, Business Loans > Altaone Fcu Ridgecrest Business Loans > Juice It Up Loan | ||||
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I Need an SBA Loan to Buy a Franchise in Ridgecrest, California
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Ridgecrest, CA Entrepreneur Gets SBA Loan to Buy Juice It Up FranchiseBorrowing money to purchase a Juice It Up franchise? Altaone Fcu has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Juice It Up franchise? If so, here's a 2007 SBA franchise loan that you should know about. Altaone Fcu was the lender and the entrepreneur was based in Ridgecrest, California. SBA Loan Borrower JUICE IT UP SBA Loan Lender ALTAONE FCU The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 9/5/2007 Loan Approval Gross Amount $220,800 Loan Approval from the SBA Of the total $220,800 loan amount, the SBA guaranteed $165,600. 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 12 employees. The loan application indicated that the funding would help generate 12 new jobs. Next Steps for Getting an SBA Loan 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. 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 Altaone Fcu 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: Family and Friend Investors - Your First Financiers Small Business Banks in Ridgecrest, California
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