Spokane, WA Entrepreneur Gets SBA Loan to Buy Keva Juice Franchise

Need money to purchase a Keva Juice franchise? Wheatland 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 2005 SBA franchise loan that you should know about. Wheatland Bank was the lender and the entrepreneur was based in Spokane, Washington.

SBA Loan Borrower

KEVA JUICE
SPOKANE, WA 99003

SBA Loan Lender

WHEATLAND BANK
222 N WALL, STE 100
SPOKANE, WA 99201

When this loan was made, the lender participated in the SBA's Certified Lenders Program (CLP). This program aims to give rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

10/26/2005

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 Keva Juice franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Keva Juice

Financing Your Business

Small Bank Loans in Spokane, Washington

Getting an SBA Loan in Washington