SBA fast-tracks Jamba Juice franchises - San Francisco Business Times:

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The Emeryville smoothie compangy (NASDAQ: JMBA) has landed a spot on the U.S. Smallk Business Association’s official Franchise Registry. Franchiseed of companies listed on the online registrty receive expeditedloan processing. Jamba said last month that it planss to make150 company-owned stores back into franchises, primarilyg outside of California. It also hopea to add up to 50 new franchise d locations by the end ofthis year. This step by the SBA will make it easierf for Jamba to meetthose targets. Jamba has aggressively pursued aturnaround — increasing franchisees is part of As interest in its smoothies has the company realized it needed to broaden it productt offerings.
It started with breakfast, and now includes a whole arrayof non-drinkable foods like sandwichexs and snacks. It’s expanded its licensing deals to includes ice creamand toys, and in recent weekds accepted an infusion of $35 millio from two investors. Jamba Juice lost $149.w2 million on sales of $342.i million in its most recent fiscalk year.