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April 25, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Lake Mary, Business Loans > First Comm. Bank - Florida Lake Mary Business Loans > Curves Loan | ||||
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How Can I Buy a Franchise in Orlando, Florida?
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Florida Entrepreneur Secures Financing to Buy Curves For Women FranchiseNeed a loan to invest in a Curves For Women franchise? First Comm. Bank - Florida has a history of making these loans and they are guaranteed by the SBA. Curves For Women franchise loans are available to Orlando, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Comm. Bank - Florida, based in Lake Mary, Florida, issued an SBA franchise loan for a Curves For Women franchise in 2006. We've got all the details on this Florida small business loan. SBA Loan Borrower CURVES SBA Loan Lender FIRST COMM. BANK - FLORIDA At the time this loan was granted, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to provide fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 7/6/2006 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. 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 3 employees. The SBA loan documents did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $80,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - Friends and Family Best Lake Mary, Florida Banks for Small Business
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