Borrow Money to Buy a Juice It Up Franchise

Need a loan to buy a Juice It Up franchise? Pacific Enterprise Bank 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 2008 SBA franchise loan that you should know about. Pacific Enterprise Bank was the lender and the entrepreneur was based in Santa Clarita, California.

SBA Loan Borrower

JUICE IT UP
SANTA CLARITA, CA 91350

SBA Loan Lender

PACIFIC ENTERPRISE BANK
17905 MACARTHUR BLVD
IRVINE, CA 92614

This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

2/20/2008

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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 7 employees. The loan application indicated that the funding would help create 7 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Pacific Enterprise Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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.

Accountant's Role in Securing Financing

Who Lends Money to Small Businesses in Irvine, California

California SBA 7A Banks