Borrow Money to Buy a Keva Juice Franchise

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

Keva Juice franchise loans are available to Albus, New Mexico entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Savings Bank, based in Las Cruces, New Mexico, issued an SBA franchise loan for a Keva Juice franchise in 2003. We've got all the details on this New Mexico small business loan.

SBA Loan Borrower

KEVA JUICE
ALBUS, NM 87199

SBA Loan Lender

FIRST SAVINGS BANK
2804 N TELSHOR
LAS CRUCES, NM 88011

This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

6/4/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 22 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, feel the fear, and do it anyway.

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.

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