Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Elkview, West Virginia Businesses

 

 
Loan Census SBA Loan Info

The Poca Valley Bank, Inc. Provides SBA Loan to Buy Curves For Women Franchise

Need a loan to buy a Curves For Women franchise? The Poca Valley Bank, Inc. 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 2006, The Poca Valley Bank, Inc. issued an SBA franchise loan to an entrepreneur in Elkview, West Virginia. Because Curves For Women was registered with the SBA's registry of franchises, this West Virginia small business loan was issued on an expedited basis.

SBA Loan Borrower

CURVES OF ELKVIEW
ELKVIEW, WV 25071

SBA Loan Lender

THE POCA VALLEY BANK, INC.
6420 SISSONVILLE DR
SISSONVILLE, WV 25360

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

4/27/2006

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Poca Valley Bank, Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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