Loan Census Banking News and Information
April 27, 2024  
 
 
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SBA Franchise Lenders in Washington

 

 
Loan Census SBA Loan Info

Washington Trust Bank Provides SBA Loan to Buy Curves For Women Franchise

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

If you live near Spokane, 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 2001 by Washington Trust Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CURVES FITNESS CENTER SE
SPOKANE, WA 99223

SBA Loan Lender

WASHINGTON TRUST BANK
706 W 2ND AVE
SPOKANE, WA 99204

This SBA bank loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

11/19/2001

Loan Approval Gross Amount

$52,391

Loan Approval from the SBA

Of the total $52,391 loan amount, the SBA guaranteed $44,532.

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 only one employee. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels 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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Trust Bank 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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