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April 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > The Smoothie Factory Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Dallas, TX Entrepreneur Gets SBA Loan to Buy Smoothie Factory FranchiseBorrowing money to buy a Smoothie Factory franchise? Merrill Lynch Bank Usa has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Smoothie Factory franchise? If so, here's a 2000 SBA franchise loan that you should know about. Merrill Lynch Bank Usa was the lender and the entrepreneur was based in Dallas, Texas. SBA Loan Borrower THE SMOOTHIE FACTORY SBA Loan Lender MERRILL LYNCH BANK USA 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. SIC Code 5499 - Food Stores Loan Approval Date 7/6/2000 Loan Approval Gross Amount $141,600 Loan Approval from the SBA Of the total $141,600 loan amount, the SBA guaranteed $106,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Smoothie Factory franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 9 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Who Lends Money to Small Businesses in Salt Lake City, Utah
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