Slidell, LA Entrepreneur Gets SBA Loan to Buy Vitality Juice, Java & Smoothie Bar Franchise

Borrowing money to purchase a Vitality Juice, Java & Smoothie Bar franchise? Gulf Coast Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Slidell, Louisiana needed money to invest in a Vitality Juice, Java & Smoothie Bar franchise back in 2005. Gulf Coast Bank & Trust issued an SBA franchise loan. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

VITALITY JUICE JAVA & SMOOTHIE
SLIDELL, LA 70458

SBA Loan Lender

GULF COAST BANK & TRUST
200 ST. CHARLES AVE
NEW ORLEANS, LA 70130

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

12/15/2005

Loan Approval Gross Amount

$63,000

Loan Approval from the SBA

Of the total $63,000 loan amount, the SBA guaranteed $53,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Vitality Juice, Java & Smoothie Bar franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Obtaining Funding - Friends and Family

Banks in New Orleans, Louisiana

Louisiana SBA 7A Banks