The Buckhead Community Bank Provides SBA Loan to Buy Curves For Women Franchise
Need money to invest in a Curves For Women franchise? The Buckhead Community Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Augusta, Georgia and are interested in buying a Curves For Women franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by The Buckhead Community Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
CURVES AUGUSTA
AUGUSTA, GA 30909
SBA Loan Lender
THE BUCKHEAD COMMUNITY BANK
415 E PACES FERRY RD
ATLANTA, GA 30305
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
3/15/2006
Loan Approval Gross Amount
$445,500
Loan Approval from the SBA
Of the total $445,500 loan amount, the SBA guaranteed $334,125.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Curves
Determining Proper Capital Structure for a Business
SBA 7A Lenders in Atlanta, Georgia
SBA Participating Banks in Georgia