Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Good Sources for Malvern SBA Loans

 

 
Loan Census SBA Loan Info

Arkansas Entrepreneur Secures Financing to Buy Curves For Women Franchise

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

An entrepreneur in Malvern, Arkansas needed money to invest in a Curves For Women franchise back in 2006. Metropolitan National Bank issued an SBA franchise loan. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

CURVES LLC
MALVERN, AR 72104

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

6/16/2006

Loan Approval Gross Amount

$52,300

Loan Approval from the SBA

Of the total $52,300 loan amount, the SBA guaranteed $44,455.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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

Attracting Investors

SBA 7A Banks in Little Rock, Arkansas

SBA Arkansas Banks