Cuyahoga Falls, OH Entrepreneur Gets SBA Loan to Buy Hollywood Tans Franchise

Need a loan to invest in a Hollywood Tans franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Hollywood Tans franchise is doable. In 2004, Keybank National Association issued an SBA franchise loan to an entrepreneur in Cuyahoga Falls, Ohio. Because Hollywood Tans was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

HOLLYWOOD TANS
CUYAHOGA FALLS, OH 44221

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA debt financing 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.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

5/6/2004

Loan Approval Gross Amount

$198,000

Loan Approval from the SBA

Of the total $198,000 loan amount, the SBA guaranteed $148,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Hollywood Tans franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Cuyahoga Falls OH, you ought to talk with a local Cuyahoga Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cuyahoga Falls businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Hollywood Tans

Borrowing Money from Friends and Family

Banks in Cleveland, Ohio

Ohio SBA 7A Banks