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

Banks for East Berlin, Pennsylvania Small Businesses

 

 
Loan Census SBA Loan Info

East Berlin, PA Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise

Need a loan to buy a Curves For Women franchise? New Windsor State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Curves For Women franchise requires some effort but others before you have been successful. In 2005, New Windsor State Bank issued an SBA franchise loan to an entrepreneur in East Berlin, Pennsylvania. Because Curves For Women was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

CURVES (SHANNON & KEITH JACKSO
EAST BERLIN, PA 17316

SBA Loan Lender

NEW WINDSOR STATE BANK
181 E MAIN ST
WESTMINSTER, MD 21157

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

6/13/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like New Windsor State Bank and they will explain how you can get an SBA loan for your company.

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:

Curves

Determining Proper Capital Structure for a Business

SBA 7A Lenders in Westminster, Maryland

Maryland SBA Banks