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May 1, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Planet Beach Loan | ||||
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Raising Money in Fountain Hills, Arizona With SBA Loans
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Loan to Buy Planet Beach Franchise Issued By Cit Small Business Lending CorpBorrowing money to buy a Planet Beach franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Fountain Hills, Arizona needed money to invest in a Planet Beach franchise back in 2004. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Arizona small business loan. SBA Loan Borrower PLANET BEACH SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 5/12/2004 Loan Approval Gross Amount $258,800 Loan Approval from the SBA Of the total $258,800 loan amount, the SBA guaranteed $194,100. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Planet Beach franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the funding would help create 2 new 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 already have a business and need money to expand, an SBA loan can be a great source of funding. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Cit Small Business Lending Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Find an SBA Lender in Livingston, New Jersey
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