Loan Census Banking News and Information
December 18, 2024  
 
 
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New York Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Grow America Fund Inc Provides SBA Loan to Buy Curves For Women Franchise

Need money to invest in a Curves For Women franchise? Grow America Fund Inc has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Curves For Women franchise requires some effort but others before you have been successful. In 2007, Grow America Fund Inc issued an SBA franchise loan to an entrepreneur in Auburn, New York. Because Curves For Women was registered with the SBA's registry of franchises, this New York small business loan was issued on an expedited basis.

SBA Loan Borrower

CURVES FOR WOMEN
AUBURN, NY 13021

SBA Loan Lender

GROW AMERICA FUND INC
708 THIRD AVENUE, SUITE 710
NEW YORK, NY 10017

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

12/12/2007

Loan Approval Gross Amount

$117,900

Loan Approval from the SBA

Of the total $117,900 loan amount, the SBA guaranteed $100,215.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

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

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.

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