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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Juice It Up Loan | ||||
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SBA Lenders for San Bernardino, California Business Owners
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Loan to Buy Juice It Up Franchise Issued By Temecula Valley BankNeed money to buy a Juice It Up franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Juice It Up franchise requires some effort but others before you have been successful. In 2001, Temecula Valley Bank issued an SBA franchise loan to an entrepreneur in San Bernardino, California. Because Juice It Up was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower JUICE IT UP SBA Loan Lender TEMECULA VALLEY BANK 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 7/17/2001 Loan Approval Gross Amount $141,800 Loan Approval from the SBA Of the total $141,800 loan amount, the SBA guaranteed $120,530. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Juice It Up franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Temecula Valley Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 Temecula, California
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