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

Where Can I Find Franchise Loans in Glendale, Arizona?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Robeks Juice Franchise

Need a loan to buy a Robeks Juice franchise? Cit Small Business Lending Corp 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 2003, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Glendale, Arizona. Because Robeks Juice was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

ROBEK'S FRUIT SMOOTHIES & HEAL
GLENDALE, AZ 85308

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

445299 - Specialty Food Stores

Loan Approval Date

9/19/2003

Loan Approval Gross Amount

$203,200

Loan Approval from the SBA

Of the total $203,200 loan amount, the SBA guaranteed $152,400.

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 8 employees. The SBA loan documents indicated that the funding would help generate 8 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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

Business Credit Evaluation

Find an SBA Lender in Livingston, New Jersey

SBA Lenders in New Jersey