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December 22, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Harrison, Business Loans > Community First Bank Harrison Business Loans > Curves Loan | ||||
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How Can I Buy a Franchise in Clarksville, Arkansas?
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Clarksville, AR Entrepreneur Gets SBA Loan to Buy Curves For Women FranchiseNeed a loan to buy a Curves For Women franchise? Community First Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Curves For Women franchise shouldn't be overly burdensome. In 2005, Community First Bank issued an SBA franchise loan to an entrepreneur in Clarksville, Arkansas. Because Curves For Women was registered with the SBA's registry of franchises, this Arkansas small business loan was issued on an expedited basis. SBA Loan Borrower CURVES SBA Loan Lender COMMUNITY FIRST BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 4/13/2005 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. 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 10 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $65,000 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. Related Links: SBA 7A Banks in Harrison, Arkansas
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