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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Tampa, Business Loans > Tampa Bay Fcu Tampa Business Loans > Power Smoothie Cafe Loan | ||||
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Tips for Financing a Franchise
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Tampa Bay Fcu Provides SBA Loan to Buy Power Smoothie Cafe FranchiseBorrowing money to buy a Power Smoothie Cafe franchise? Tampa Bay Fcu has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Power Smoothie Cafe franchise requires some effort but others before you have been successful. In 2005, Tampa Bay Fcu issued an SBA franchise loan to an entrepreneur in Oviedo, Florida. Because Power Smoothie Cafe was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower POWER SMOOTHIE CAFE SBA Loan Lender TAMPA BAY FCU This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 11/21/2005 Loan Approval Gross Amount $108,000 Loan Approval from the SBA Of the total $108,000 loan amount, the SBA guaranteed $91,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Power Smoothie Cafe franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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:
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