Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Orange City Business Owners

 

 
Loan Census SBA Loan Info

Florida Entrepreneur Secures Financing to Buy Curves For Women Franchise

Borrowing money to invest in a Curves For Women franchise? Riverside National Bank - Florida has a history of making these loans and they are guaranteed by the SBA.

Curves For Women franchise loans are available to Orange City, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Riverside National Bank - Florida, based in De Bary, Florida, issued an SBA franchise loan for a Curves For Women franchise in 2001. We've got all the details on this Florida small business loan.

SBA Loan Borrower

CURVES FOR WOMEN
ORANGE CITY, FL 32763

SBA Loan Lender

RIVERSIDE NATIONAL BANK - FLORIDA
21 S CHARLES RICHARD BEALL BL
DE BARY, FL 32713

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7991 - Physical Fitness Facilities

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/24/2001

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

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 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Accountant's Role in Securing Financing

SBA Approved Banks in De Bary, Florida

Florida SBA 7A Lenders