Burlington, WI Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise
Borrowing money to invest in a Curves For Women franchise? M&i Marshall & Ilsley Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Burlington, Wisconsin needed money to invest in a Curves For Women franchise back in 2001. M&i Marshall & Ilsley Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
CURVES FOR WOMEN
BURLINGTON, WI 53105
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
5935 SEVENTH AVE
KENOSHA, WI 53140
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7991 - Physical Fitness Facilities
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
6/6/2001
Loan Approval Gross Amount
$87,000
Loan Approval from the SBA
Of the total $87,000 loan amount, the SBA guaranteed $73,950.
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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
Understanding Dilution
Banks in Kenosha, Wisconsin
SBA Lenders in Wisconsin