Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Whitney, Texas Businesses

 

 
Loan Census SBA Loan Info

Grandview Bank Provides SBA Loan to Buy Curves For Women Franchise

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

Curves For Women franchise loans are available to Whitney, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Grandview Bank, based in Grandview, Texas, issued an SBA franchise loan for a Curves For Women franchise in 2004. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CURVES
WHITNEY, TX 76692

SBA Loan Lender

GRANDVIEW BANK
105 E CRINER
GRANDVIEW, TX 76050

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/29/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Whitney TX, you ought to talk with a local Whitney SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Whitney businesses.

We can help you find the best banks for small businesses in Whitney 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:

Curves

Role of Business Plan When Raising Money

Who Lends Money to Small Businesses in Grandview, Texas

Texas SBA Bank Lenders