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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Auburn, Business Loans > Wells Fargo Bank Auburn Business Loans > Juice It Up Loan | ||||
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Loans to Buy a Franchise in California
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Wells Fargo Bank Provides SBA Loan to Buy Juice It Up FranchiseNeed a loan to purchase a Juice It Up franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Riverside, California needed money to invest in a Juice It Up franchise back in 2007. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower JUICE IT UP SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 6/5/2007 Loan Approval Gross Amount $195,000 Loan Approval from the SBA Of the total $195,000 loan amount, the SBA guaranteed $146,250. 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 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing 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. This company got an SBA loan. You can too! Maybe you want money for start up 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: SBA Approved Banks in Auburn, California SBA Participating Banks in California
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