California Entrepreneur Secures Financing to Buy Robeks Juice Franchise
Need a loan to invest in a Robeks Juice franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Westlake Village, California and are interested in buying a Robeks Juice franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Pacific Western Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
ROBEKS JUICE
WESTLAKE VILLAGE, CA 91362
SBA Loan Lender
PACIFIC WESTERN BANK
401 WEST A ST
SAN DIEGO, CA 92102
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445299 - Specialty Food Stores
Loan Approval Date
12/21/2007
Loan Approval Gross Amount
$333,000
Loan Approval from the SBA
Of the total $333,000 loan amount, the SBA guaranteed $249,750.
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 only one employee. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Robeks Franchise Corporation
VC Firms on Twitter
Small Business Banks in San Diego, California
Getting an SBA Loan in California