Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Rancho Mirage California

 

 
Loan Census SBA Loan Info

Loan to Buy Juice It Up Franchise Issued By Arrowhead Central Cu

Need a loan to invest in a Juice It Up franchise? Arrowhead Central Cu has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Juice It Up franchise shouldn't be too tough. In 2005, Arrowhead Central Cu issued an SBA franchise loan to an entrepreneur in Rancho Mirage, California. Because Juice It Up was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

JUICE IT UP
RANCHO MIRAGE, CA 92270

SBA Loan Lender

ARROWHEAD CENTRAL CU
550 HOSPITALITY LN, STE 210
SAN BERNARDINO, CA 92408

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

722211 - Limited-Service Restaurants

Loan Approval Date

5/9/2005

Loan Approval Gross Amount

$181,000

Loan Approval from the SBA

Of the total $181,000 loan amount, the SBA guaranteed $135,750.

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 3 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Rancho Mirage or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

Small Business Credit Cards

SBA 7A Lenders in San Bernardino, California

Getting an SBA Loan in California