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April 26, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Reno, Business Loans > Nevada Security Bank Reno Business Loans > Beyond Juice Loan | ||||
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How to Get SBA Loans in Reno, Nevada
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Reno, NV Entrepreneur Gets SBA Loan to Buy Beyond Juice FranchiseNeed money to purchase a Beyond Juice franchise? Nevada Security Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Beyond Juice franchise? If so, here's a 2005 SBA franchise loan that you should know about. Nevada Security Bank was the lender and the entrepreneur was based in Reno, Nevada. SBA Loan Borrower BEYOND JUICE SBA Loan Lender NEVADA SECURITY BANK This SBA business 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 12/12/2005 Loan Approval Gross Amount $224,430 Loan Approval from the SBA Of the total $224,430 loan amount, the SBA guaranteed $168,323. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Beyond Juice franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? 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. We can help you find the best banks for small businesses in Reno or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Good Banks for Small Business in Reno, Nevada
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