Borrow Money to Buy a General Nutrition Center Franchise

Need money to buy a General Nutrition Center franchise? Source Business & Indust Devel Cor has a history of making these loans and they are guaranteed by the SBA.

General Nutrition Center franchise loans are available to Gonzales, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Source Business & Indust Devel Cor, based in Baton Rouge, Louisiana, issued an SBA franchise loan for a General Nutrition Center franchise in 2002. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

GENERAL NUTRITION CENTER
GONZALES, LA 70737

SBA Loan Lender

SOURCE BUSINESS & INDUST DEVEL COR
9400 OLD HAMMOND HIGHWAY,
BATON ROUGE, LA 70809

This lender provides SBA debt financing 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

446191 - Food Supplement Stores

Loan Approval Date

7/9/2002

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a General Nutrition Center franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Gonzales LA, you ought to talk with a local Gonzales SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gonzales businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

General Nutrition Centers / GNC Live Well

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