Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Scottsdale, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Robeks Juice Franchise Issued By California Bank & Trust

Borrowing money to buy a Robeks Juice franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Robeks Juice franchise loans are available to Scottsdale, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, California Bank & Trust, based in Sacramento, California, issued an SBA franchise loan for a Robeks Juice franchise in 2005. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

ROBEKS #192
SCOTTSDALE, AZ 85260

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

6/22/2005

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 Robeks Juice franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like California Bank & Trust 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:

Robeks Franchise Corporation

Realistic Debt Financing Options

SBA Approved Banks in Sacramento, California

Where to Get an SBA Loan California