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May 8, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Lewiston, Business Loans > Twin River National Bank Lewiston Business Loans > Curves For Women Of Clarkston& Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Twin River National Bank Provides SBA Loan to Buy Curves For Women FranchiseNeed a loan to buy a Curves For Women franchise? Twin River National Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Curves For Women franchise may simply require a phone call to a local SBA banker. In 2002, Twin River National Bank issued an SBA franchise loan to an entrepreneur in Clarkston, Washington. Because Curves For Women was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis. SBA Loan Borrower CURVES FOR WOMEN OF CLARKSTON& SBA Loan Lender TWIN RIVER NATIONAL BANK This lender issued this particular SBA business 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 11/13/2002 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. 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 8 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Twin River National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Twin River National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Best Lewiston, Idaho Banks for Small Business
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