Loan to Buy Little Gym Franchise Issued By Citicapital Small Business Finance
Borrowing money to purchase a Little Gym franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA.
Little Gym franchise loans are available to Carrollton, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citicapital Small Business Finance, based in Irving, Texas, issued an SBA franchise loan for a Little Gym franchise in 2000. We've got all the details on this Texas small business loan.
SBA Loan Borrower
THE LITTLE GYM OF CARROLLTON I
CARROLLTON, TX 75007
SBA Loan Lender
CITICAPITAL SMALL BUSINESS FINANCE
250 E CARPENTER FRWY, STE 115
IRVING, TX 75062
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
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
6/23/2000
Loan Approval Gross Amount
$121,000
Loan Approval from the SBA
Of the total $121,000 loan amount, the SBA guaranteed $90,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Little Gym franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 16 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Equity Financing
Small Business Banks in Irving, Texas
Texas SBA 7A Lenders