Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Bellingham, Washington Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Robeks Juice Franchise

Need money to invest in a Robeks Juice franchise? Boeing Empl Cu has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Robeks Juice franchise requires some effort but others before you have been successful. In 2006, Boeing Empl Cu issued an SBA franchise loan to an entrepreneur in Bellingham, Washington. Because Robeks Juice was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis.

SBA Loan Borrower

ROBEKS FRUIT SMOOTHIES
BELLINGHAM, WA 98226

SBA Loan Lender

BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

3/17/2006

Loan Approval Gross Amount

$230,000

Loan Approval from the SBA

Of the total $230,000 loan amount, the SBA guaranteed $172,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Robeks Juice franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the borrowed money would help create 15 new jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Determining Proper Capital Structure for a Business

SBA 7A Banks for Tukwila, Washington Loans

SBA Participating Banks in Washington