Borrow Money to Buy a Planet Smoothie Franchise
Borrowing money to buy a Planet Smoothie franchise? Hawaii National Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Planet Smoothie franchise requires some effort but others before you have been successful. In 2003, Hawaii National Bank issued an SBA franchise loan to an entrepreneur in Waipahu, Hawaii. Because Planet Smoothie was registered with the SBA's registry of franchises, this Hawaii small business loan was issued on an expedited basis.
SBA Loan Borrower
MNV MANAGEMENT GROUP
WAIPAHU, HI 96797
SBA Loan Lender
HAWAII NATIONAL BANK
45 N KING ST
HONOLULU, HI 96817
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446191 - Food Supplement Stores
Loan Approval Date
11/4/2003
Loan Approval Gross Amount
$129,000
Loan Approval from the SBA
Of the total $129,000 loan amount, the SBA guaranteed $109,650.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Planet Smoothie franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help create 6 new jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Planet Smoothie
Microlending as a Small Business Funding Source
SBA Banks in Honolulu, Hawaii
Hawaii SBA 7A Banks