Billings, MT Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise

Need money to purchase a Curves For Women franchise? First Cit. Bank - Billings has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Curves For Women franchise may simply require a phone call to a local SBA banker. In 2001, First Cit. Bank - Billings issued an SBA franchise loan to an entrepreneur in Billings, Montana. Because Curves For Women was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

CURVEST FOR WOMEN
BILLINGS, MT 59102

SBA Loan Lender

FIRST CIT. BANK - BILLINGS
2812 1ST AVE NORTH
BILLINGS, MT 59101

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7941 - Professional Sports Clubs and Promoters

NAICS Code

812191 - Diet and Weight Reducing Centers

Loan Approval Date

2/14/2001

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 10 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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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