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

Texas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Curves For Women Franchise

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

Curves For Women franchise loans are available to Cedar Hill, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Prosper Bank, based in Prosper, Texas, issued an SBA franchise loan for a Curves For Women franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CURVES
CEDAR HILL, TX 75104

SBA Loan Lender

PROSPER BANK
805 E 1ST ST
PROSPER, TX 75078

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

7/24/2007

Loan Approval Gross Amount

$161,500

Loan Approval from the SBA

Of the total $161,500 loan amount, the SBA guaranteed $121,125.

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 SBA loan documents indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Cedar Hill 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

Raising VC Money for Social Networking Companies

Find an SBA Lender in Prosper, Texas

SBA Texas Banks