Loan to Buy Curves For Women Franchise Issued By Berkshire Bank

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

Curves For Women franchise loans are available to Feeding Hills, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Berkshire Bank, based in Westfield, Massachusetts, issued an SBA franchise loan for a Curves For Women franchise in 2005. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

CURVES OF FEEDING HILLS
FEEDING HILLS, MA 01030

SBA Loan Lender

BERKSHIRE BANK
31 COURT ST
WESTFIELD, MA 01085

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

5/25/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Feeding Hills MA, you ought to talk with a local Feeding Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Feeding Hills businesses.

This SBA loan was for $75,000. How would you spend $75,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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

Equity Financing

Small Business Banks in Westfield, Massachusetts

Massachusetts SBA Bank Lenders