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April 28, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > New Orleans, Business Loans > Dryades Savings Bank, F.S.B. New Orleans Business Loans > Smoothie King Loan | ||||
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How to Get SBA Loans in Kenner, Louisiana
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Kenner, LA Entrepreneur Gets SBA Loan to Buy Smoothie King health Food Store FranchiseNeed money to invest in a Smoothie King health Food Store franchise? Dryades Savings Bank, F.S.B. has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Smoothie King health Food Store franchise? If so, here's a 2004 SBA franchise loan that you should know about. Dryades Savings Bank, F.S.B. was the lender and the entrepreneur was based in Kenner, Louisiana. SBA Loan Borrower SMOOTHIE KING SBA Loan Lender DRYADES SAVINGS BANK, F.S.B. This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 1/30/2004 Loan Approval Gross Amount $135,000 Loan Approval from the SBA Of the total $135,000 loan amount, the SBA guaranteed $114,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Smoothie King health Food Store franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours 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: Determining Proper Capital Structure for a Business Best Banks in New Orleans, Louisiana
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