Tampa, FL Entrepreneur Gets SBA Loan to Buy P J's Coffee And Tea Cafe Franchise

Need a loan to buy a P J's Coffee And Tea Cafe franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a P J's Coffee And Tea Cafe franchise may simply require a phone call to a local SBA banker. In 2005, Newtek Small Business Finance Inc. issued an SBA franchise loan to an entrepreneur in Tampa, Florida. Because P J's Coffee And Tea Cafe was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

PJ'S COFFEE OF NEW ORLEANS
TAMPA, FL 33647

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

10/14/2005

Loan Approval Gross Amount

$258,000

Loan Approval from the SBA

Of the total $258,000 loan amount, the SBA guaranteed $193,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a P J's Coffee And Tea Cafe franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Newtek Small Business Finance Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

P.J.'s Coffee

Business Incubators

SBA 7A Banks for New York, New York Loans

New York SBA 7A Lenders