Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Auburn, Washington Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Washington Entrepreneur Secures Financing to Buy Curves For Women Franchise

Need money to purchase a Curves For Women franchise? Columbia State Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Auburn, Washington and are interested in buying a Curves For Women franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Columbia State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CURVES FOR WOMEN
AUBURN, WA 98092

SBA Loan Lender

COLUMBIA STATE BANK
501 ROOSEVELT AVE
ENUMCLAW, WA 98022

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

11/25/2003

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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