Pennsylvania Entrepreneur Secures Financing to Buy Curves For Women Franchise
Need a loan to purchase a Curves For Women franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Biddle, Pennsylvania needed money to invest in a Curves For Women franchise back in 2002. Pnc Bank, National Association issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
CURVES FOR WOMEN
BIDDLE, PA 15012
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
10/25/2002
Loan Approval Gross Amount
$24,200
Loan Approval from the SBA
Of the total $24,200 loan amount, the SBA guaranteed $12,100.
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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 $24,200 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.
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