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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Duluth, Business Loans > Haven Trust Bank Duluth Business Loans > Planet Smoothie Cafe Loan | ||||
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SBA Franchise Lenders in Georgia
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Georgia Entrepreneur Secures Financing to Buy Planet Smoothie FranchiseNeed a loan to purchase a Planet Smoothie franchise? Haven Trust Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Gainesville, Georgia needed money to invest in a Planet Smoothie franchise back in 2005. Haven Trust Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower PLANET SMOOTHIE CAFE SBA Loan Lender HAVEN TRUST BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 9/30/2005 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $251,250. 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 2 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find business people willing to loan money, 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: Good Banks for Small Business in Duluth, Georgia
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