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April 25, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Columbus, Business Loans > The Huntington National Bank Columbus Business Loans > Fitness Together Loan | ||||
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Columbus, Ohio Bank Loan
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The Huntington National Bank Provides SBA Loan to Buy Fitness Together FranchiseBorrowing money to purchase a Fitness Together franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Columbus, Ohio and are interested in buying a Fitness Together franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by The Huntington National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower FITNESS TOGETHER SBA Loan Lender THE HUNTINGTON NATIONAL BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 10/8/2004 Loan Approval Gross Amount $55,500 Loan Approval from the SBA Of the total $55,500 loan amount, the SBA guaranteed $27,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fitness Together franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Good Banks for Small Business in Columbus, Ohio
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