Afb&t Provides SBA Loan to Buy Jittery Joe's Franchise

Borrowing money to buy a Jittery Joe's franchise? Afb&t has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Jittery Joe's franchise? If so, here's a 2006 SBA franchise loan that you should know about. Afb&t was the lender and the entrepreneur was based in Watkinsville, Georgia.

SBA Loan Borrower

JITTERY JOE'S
WATKINSVILLE, GA 30677

SBA Loan Lender

AFB&T
124 E HANCOCK
ATHENS, GA 30601

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

3/2/2006

Loan Approval Gross Amount

$256,800

Loan Approval from the SBA

Of the total $256,800 loan amount, the SBA guaranteed $192,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jittery Joe's franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 10 new jobs and retain 1 existing job.

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Afb&t 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.

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