SALT LAKE CITY, UT--(Marketwired - Aug 7, 2014) - Green Endeavors, Inc. (
The loan bears interest at 6% per year with repayment over 24 months. Richard Surber, CEO of Green Endeavors, stated, "Obtaining a loan of this size shows that we are credit worthy. I believe it is significant because it is establishing credit worthiness for larger conventional lending which will be critical for when we begin to scale up and build out or purchase new locations."
Mr. Surber continued, "Possible use of proceeds will include renovating our flagship location, laying the ground work for our next location, and stepping up our online presence to gain further investor awareness for GRNE. We recently updated our website at www.green-endeavors.com as an initial step in improving the company's image."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (
Contact Information:
FOR MORE INFORMATION, CONTACT:
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106