Wisconsin Entrepreneur Secures Financing to Buy Fitness Together Franchise

Borrowing money to purchase a Fitness Together franchise? State Bank Of Cross Plains has a history of making these loans and they are guaranteed by the SBA.

Fitness Together franchise loans are available to Middleton, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, State Bank Of Cross Plains, based in Middleton, Wisconsin, issued an SBA franchise loan for a Fitness Together franchise in 2004. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

FITNESS TOGETHER
MIDDLETON, WI 53562

SBA Loan Lender

STATE BANK OF CROSS PLAINS
8301 UNIVERSITY AVE
MIDDLETON, WI 53562

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

9/28/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 4 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like State Bank Of Cross Plains are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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Fitness Together Franchise

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SBA Approved Banks in Middleton, Wisconsin

Wisconsin SBA 7A Lenders