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May 4, 2024  
 
 
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SBA 7A Banks for Buford, Georgia Small Business Owners

 

 
Loan Census SBA Loan Info

Buford, GA Entrepreneur Gets SBA Loan to Buy Gold's Gym Franchise

Borrowing money to invest in a Gold's Gym franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Gold's Gym franchise may simply require a phone call to a local SBA banker. In 2007, Pnc Bank, National Association issued an SBA franchise loan to an entrepreneur in Buford, Georgia. Because Gold's Gym was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

GOLD'S GYM
BUFORD, GA 30518

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending 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

1/10/2007

Loan Approval Gross Amount

$821,000

Loan Approval from the SBA

Of the total $821,000 loan amount, the SBA guaranteed $615,750.

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 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.

Getting an SBA Loan For Your Business

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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