Missouri Entrepreneur Secures Financing to Buy Anytime Fitness Franchise

Borrowing money to buy an Anytime Fitness franchise? Bank Of Bolivar has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Anytime Fitness franchise? If so, here's a 2006 SBA franchise loan that you should know about. Bank Of Bolivar was the lender and the entrepreneur was based in Bolivar, Missouri.

SBA Loan Borrower

EXPRESS FITNESS LLC
BOLIVAR, MO 65613

SBA Loan Lender

BANK OF BOLIVAR
495 S SPRINGFIELD AVE
BOLIVAR, MO 65613

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

10/25/2006

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Anytime Fitness franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the borrowed money would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Bolivar are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Anytime Fitness

Dealing With Venture Capitalists

SBA Participating Banks in Bolivar, Missouri

Find an SBA Lender in Missouri