Pnc Bank, National Association Provides SBA Loan to Buy Curves For Women Franchise
Need money to invest in a Curves For Women franchise? Pnc Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Curves For Women franchise loans are available to Cumberland, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pnc Bank, National Association, based in Hagerstown, Maryland, issued an SBA franchise loan for a Curves For Women franchise in 2004. We've got all the details on this Maryland small business loan.
SBA Loan Borrower
CURVES FOR WOMEN
CUMBERLAND, MD 21502
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
128 WASHINGTON ST
HAGERSTOWN, MD 21741
This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
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
7/23/2004
Loan Approval Gross Amount
$90,500
Loan Approval from the SBA
Of the total $90,500 loan amount, the SBA guaranteed $76,925.
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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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
How to Raise Money
SBA Participating Banks in Hagerstown, Maryland
SBA Lenders in Maryland