Fayetteville, AR Entrepreneur Gets SBA Loan to Buy Bath Junkie Franchise

Need money to purchase a Bath Junkie franchise? The Bank Of Fayetteville has a history of making these loans and they are guaranteed by the SBA.

If you live near Fayetteville, Arkansas and are interested in buying a Bath Junkie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by The Bank Of Fayetteville. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BATH JUNKIE
FAYETTEVILLE, AR 72701

SBA Loan Lender

THE BANK OF FAYETTEVILLE
ONE S BLOCK ST
FAYETTEVILLE, AR 72701

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

325620 - Toilet Preparation Manufacturing

Loan Approval Date

8/18/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bath Junkie franchise. At the time of the loan, the company had 30 employees. This SBA loan request indicated that the loan would help retain 30 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from The Bank Of Fayetteville so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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Bath Junkie

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