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May 4, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Oxford, Business Loans > Hometown Bank A Co-Operative B Oxford Business Loans > Powerhouse Gym Of Webster Loan | ||||
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I Need a Loan to Buy a Franchise in Webster, Massachusetts
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Borrow Money to Buy a Powerhouse Gyms FranchiseBorrowing money to purchase a Powerhouse Gyms franchise? Hometown Bank A Co-Operative B has a history of making these loans and they are guaranteed by the SBA. Powerhouse Gyms franchise loans are available to Webster, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Hometown Bank A Co-Operative B, based in Oxford, Massachusetts, issued an SBA franchise loan for a Powerhouse Gyms franchise in 2007. We've got all the details on this Massachusetts small business loan. SBA Loan Borrower POWERHOUSE GYM OF WEBSTER SBA Loan Lender HOMETOWN BANK A CO-OPERATIVE B SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan 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 4/13/2007 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Powerhouse Gyms franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Webster 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: How Much Venture Capital Is There? Find an SBA Lender in Oxford, Massachusetts Massachusetts SBA Bank Lenders
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