Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Los Angeles, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Robeks Juice Franchise

Need a loan to purchase a Robeks Juice franchise? Spectrum Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Los Angeles, California needed money to invest in a Robeks Juice franchise back in 2006. Spectrum Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

ROBEKS JUICE #4
LOS ANGELES, CA 90064

SBA Loan Lender

SPECTRUM BANK
15615 ALTON PKWY
IRVINE, CA 92618

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

9/29/2006

Loan Approval Gross Amount

$97,000

Loan Approval from the SBA

Of the total $97,000 loan amount, the SBA guaranteed $82,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Robeks Juice franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

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:

Robeks Franchise Corporation

Small Business Credit Cards

Small Business Banks in Irvine, California

Getting an SBA Loan in California