Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Federal Way Washington

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Arthur Murray Dance Studio Franchise

Need money to buy an Arthur Murray Dance Studio franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Arthur Murray Dance Studio franchise loans are available to Federal Way, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Temecula Valley Bank, based in Temecula, California, issued an SBA franchise loan for an Arthur Murray Dance Studio franchise in 2003. We've got all the details on this Washington small business loan.

SBA Loan Borrower

ARTHUR MURRAY DANCE SCHOOL
FEDERAL WAY, WA 98003

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

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

713990 - Amusement and Recreation Industries

Loan Approval Date

4/18/2003

Loan Approval Gross Amount

$760,000

Loan Approval from the SBA

Of the total $760,000 loan amount, the SBA guaranteed $570,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Arthur Murray Dance Studio franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

While you may be able to find other ways to get money to start a business, 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:

Advice on Getting a Small Business Loan

SBA 7A Banks in Temecula, California

SBA Participating Banks in California