Iowa Entrepreneur Secures Financing to Buy Curves For Women Franchise

Need money to invest in a Curves For Women franchise? Clarke County State Bank has a history of making these loans and they are guaranteed by the SBA.

Curves For Women franchise loans are available to Creston, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Clarke County State Bank, based in Osceola, Iowa, issued an SBA franchise loan for a Curves For Women franchise in 2003. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

BELMONT ENTERPRISES INC
CRESTON, IA 50801

SBA Loan Lender

CLARKE COUNTY STATE BANK
139 S MAIN ST
OSCEOLA, IA 50213

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812191 - Diet and Weight Reducing Centers

Loan Approval Date

9/22/2003

Loan Approval Gross Amount

$22,700

Loan Approval from the SBA

Of the total $22,700 loan amount, the SBA guaranteed $19,295.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Creston IA, you ought to talk with a local Creston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Creston businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Clarke County State Bank and they will explain how you can get an SBA loan for your company.

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.

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Curves

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SBA 7A Lenders in Osceola, Iowa

Where to Get an SBA Loan Iowa