Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Albuquerque, New Mexico Bank Loan

 

 
Loan Census SBA Loan Info

New Mexico Entrepreneur Secures Financing to Buy Keva Juice Franchise

Borrowing money to purchase a Keva Juice franchise? Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Keva Juice franchise? If so, here's a 2001 SBA franchise loan that you should know about. Charter Bank was the lender and the entrepreneur was based in Albuquerque, New Mexico.

SBA Loan Borrower

KEVA JUICE
ALBUQUERQUE, NM 87114

SBA Loan Lender

CHARTER BANK
2130 EUBANK BLVD NE
ALBUQUERQUE, NM 87112

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/27/2001

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Keva Juice franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Albuquerque 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:

Keva Juice

Debt Financing

SBA Participating Banks in Albuquerque, New Mexico

SBA New Mexico Banks