Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Murrieta, California Entrepreneurs

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Juice It Up Franchise

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

If you live near Murrieta, California and are interested in buying a Juice It Up franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Spectrum Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

JUICE IT UP VILLAGE WALK
MURRIETA, CA 92562

SBA Loan Lender

SPECTRUM BANK
15615 ALTON PKWY
IRVINE, CA 92618

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

2/1/2007

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

More Information on This SBA Loan

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

Getting an SBA Loan For Your Business

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

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:

Juice It Up Franchise Corp.

Obtaining Funding - Getting Venture Capital

SBA 7A Banks for Irvine, California Loans

SBA California Lenders