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May 1, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Cloud, Business Loans > Bremer Bank Saint Cloud Business Loans > Gold's Gym Of Blaine White Bea Loan | ||||
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Bremer Bank SBA 7A Franchise Loans
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St. Cloud, MN Entrepreneur Gets SBA Loan to Buy Gold's Gym FranchiseBorrowing money to invest in a Gold's Gym franchise? Bremer Bank has a history of making these loans and they are guaranteed by the SBA. Gold's Gym franchise loans are available to St. Cloud, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bremer Bank, based in Saint Cloud, Minnesota, issued an SBA franchise loan for a Gold's Gym franchise in 2004. We've got all the details on this Minnesota small business loan. SBA Loan Borrower GOLD'S GYM OF BLAINE WHITE BEA SBA Loan Lender BREMER BANK 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 10/20/2004 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Gold's Gym franchise. At the time of the loan, the company had 91 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 91 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in St. Cloud or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Dealing With Venture Capitalists Best Saint Cloud, Minnesota Banks for Small Business
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