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May 2, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Richmond, Business Loans > Suntrust Bank Richmond Business Loans > Woodbridge Investments, LLC Loan | ||||
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How to Get SBA Loans in Henderson, Tennessee
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Tennessee Entrepreneur Secures Financing to Buy Anytime Fitness FranchiseNeed money to buy an Anytime Fitness franchise? Suntrust Bank has a history of making these loans and they are guaranteed by the SBA. Anytime Fitness franchise loans are available to Henderson, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Suntrust Bank, based in Richmond, Virginia, issued an SBA franchise loan for an Anytime Fitness franchise in 2007. We've got all the details on this Tennessee small business loan. SBA Loan Borrower WOODBRIDGE INVESTMENTS, LLC SBA Loan Lender SUNTRUST BANK The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 8/20/2007 Loan Approval Gross Amount $139,000 Loan Approval from the SBA Of the total $139,000 loan amount, the SBA guaranteed $69,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Anytime Fitness franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to borrow money from friends and family, 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: Who Lends Money to Small Businesses in Richmond, Virginia
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