Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Arizona Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Lady Of America Franchise

Need money to purchase a Lady Of America franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Lady Of America franchise may simply require a phone call to a local SBA banker. In 2002, Business Lenders, LLC issued an SBA franchise loan to an entrepreneur in Chandler, Arizona. Because Lady Of America was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

LADY OF AMERICA FITNESS CENTER
CHANDLER, AZ 85225

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

5/8/2002

Loan Approval Gross Amount

$131,400

Loan Approval from the SBA

Of the total $131,400 loan amount, the SBA guaranteed $111,690.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Lady Of America franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Business Lenders, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Lady of America

Getting a Small Business Loan

Good Banks for Small Business in Hartford, Connecticut

Connecticut SBA 7A Banks