The Huntington National Bank Provides SBA Loan to Buy General Nutrition Center Franchise

Need a loan to purchase a General Nutrition Center franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a General Nutrition Center franchise? If so, here's a 2003 SBA franchise loan that you should know about. The Huntington National Bank was the lender and the entrepreneur was based in Crescent Springs, Kentucky.

SBA Loan Borrower

TRADE ADVENTURES LLC
CRESCENT SPRINGS, KY 41017

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

446191 - Food Supplement Stores

Loan Approval Date

8/22/2003

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $107,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a General Nutrition Center franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the funding would help create 4 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 $215,000 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:

General Nutrition Centers / GNC Live Well

Small Business Loan

Banks in Columbus, Ohio

SBA Ohio Lenders