Evergreen, CO Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise

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

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

SBA Loan Borrower

CURVES OF EVERGREEN LLC
EVERGREEN, CO 80439

SBA Loan Lender

EVERGREEN NATIONAL BANK
28145 HWY 74
EVERGREEN, CO 80437

This was a Low Documentation SBA loan. The SBA started this program to minimize 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. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

9/11/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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 $100,000 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.

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