Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Glendale, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Massage Envy Franchise

Need a loan to purchase a Massage Envy franchise? First Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

Massage Envy franchise loans are available to Glendale, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Commerce Bank, based in Encino, California, issued an SBA franchise loan for a Massage Envy franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

MASSAGE ENVY ROLLING HILLS
GLENDALE, CA 91203

SBA Loan Lender

FIRST COMMERCE BANK
16861 VENTURA BLVD, STE 100
ENCINO, CA 91436

This lender provides SBA commercial loans 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

812990 - Personal Services

Loan Approval Date

7/18/2006

Loan Approval Gross Amount

$420,000

Loan Approval from the SBA

Of the total $420,000 loan amount, the SBA guaranteed $315,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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SBA 7A Banks in Encino, California

SBA Lenders in California