Earthtimes:
Jamba, Inc. today announced that the U.S. Small Business Administration (SBA) has listed Jamba Juice on its official Franchise Registry. The registry is an online listing of franchise systems whose franchisees receive expedited loan processing.
“Recognition by the SBA through the Franchise Registry is great news for us,†stated James D. White, President and Chief Executive Officer, Jamba, Inc. “A streamlined loan approval process for potential franchise owners should allow us to proceed even more assertively with our refranchise and franchise development plans.â€
As previously announced on May 28, 2009, Jamba Juice plans to refranchise up to 150 company-owned stores, primarily outside of California, and has plans to add up to 50 new franchise locations by the end of 2009, primarily at non-traditional venues such as airports and schools. This franchising activity supplements the over 230 currently operating franchised stores.