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May 3, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Anytime Fitness Loan | ||||
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I Need an SBA Loan to Buy a Franchise in Alleman, Iowa
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Borrow Money to Buy an Anytime Fitness FranchiseNeed a loan to purchase an Anytime Fitness franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an Anytime Fitness franchise requires some effort but others before you have been successful. In 2006, Small Business Loan Source LLC issued an SBA franchise loan to an entrepreneur in Alleman, Iowa. Because Anytime Fitness was registered with the SBA's registry of franchises, this Iowa small business loan was issued on an expedited basis. SBA Loan Borrower ANYTIME FITNESS SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This lender provides SBA guaranteed business 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 713940 - Fitness and Recreational Sports Centers Loan Approval Date 7/19/2006 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Anytime Fitness franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a company in Alleman IA, you ought to talk with a local Alleman SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Alleman businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Small Business Loan Source LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Small Bank Loans in Houston, Texas Where to Get an SBA Loan Texas
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