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April 19, 2024  
 
 
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Requirements for Financing a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Juice Zone Franchise Issued By Banco Popular North America

Need a loan to purchase a Juice Zone franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Juice Zone franchise shouldn't be overly burdensome. In 2008, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Westfield, Indiana. Because Juice Zone was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower

JUICE ZONE FRESH & HEALTHY
WESTFIELD, IN 46250

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

1/24/2008

Loan Approval Gross Amount

$243,200

Loan Approval from the SBA

Of the total $243,200 loan amount, the SBA guaranteed $182,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Juice Zone franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Banco Popular North America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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