Bank Iowa Provides SBA Loan to Buy Curves For Women Franchise

Need money to purchase a Curves For Women franchise? Bank Iowa has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Emmetsburg, Iowa needed money to invest in a Curves For Women franchise back in 2004. Bank Iowa issued an SBA franchise loan. Here are the details on this Iowa small business loan.

SBA Loan Borrower

KRISTIE'S IOWA WELLNESS,L.L.C.
EMMETSBURG, IA 50536

SBA Loan Lender

BANK IOWA
506 SUMNER AVE
HUMBOLDT, IA 50548

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/21/2004

Loan Approval Gross Amount

$147,000

Loan Approval from the SBA

Of the total $147,000 loan amount, the SBA guaranteed $124,950.

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 11 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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