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April 17, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Tuscaloosa Fitness Together, I Loan | ||||
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Loans to Buy a Franchise in Alabama
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Tuscaloosa, AL Entrepreneur Gets SBA Loan to Buy Fitness Together FranchiseNeed a loan to invest in a Fitness Together franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Fitness Together franchise may simply require a phone call to a local SBA banker. In 2005, Business Loan Center, LLC issued an SBA franchise loan to an entrepreneur in Tuscaloosa, Alabama. Because Fitness Together was registered with the SBA's registry of franchises, this Alabama small business loan was issued on an expedited basis. SBA Loan Borrower TUSCALOOSA FITNESS TOGETHER, I SBA Loan Lender BUSINESS LOAN CENTER, LLC SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 5/31/2005 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $4,250. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Lenders in Panama City Beach, Florida
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