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December 20, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Santa Fe, New Mexico?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Keva Juice Franchise

Borrowing money to invest in a Keva Juice franchise? Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Keva Juice franchise? If so, here's a 2001 SBA franchise loan that you should know about. Charter Bank was the lender and the entrepreneur was based in Santa Fe, New Mexico.

SBA Loan Borrower

KEVA JUICE
SANTA FE, NM 87504

SBA Loan Lender

CHARTER BANK
809 ST. MICHAEL'S DR
SANTA FE, NM 87505

This SBA bank loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

6/27/2001

Loan Approval Gross Amount

$163,390

Loan Approval from the SBA

Of the total $163,390 loan amount, the SBA guaranteed $122,543.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Keva Juice franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 Charter 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.

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Find an SBA Lender in New Mexico