Home Fed. S & L Assoc - Grand Provides SBA Loan to Buy Ladies Workout Express Franchise

Need money to purchase a Ladies Workout Express franchise? Home Fed. S & L Assoc - Grand has a history of making these loans and they are guaranteed by the SBA.

If you live near Grand Island, Nebraska and are interested in buying a Ladies Workout Express franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Home Fed. S & L Assoc - Grand. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

LADIES WORKOUT EXPRESS
GRAND ISLAND, NE 68801

SBA Loan Lender

HOME FED. S & L ASSOC - GRAND
221 S LOCUST ST
GRAND ISLAND, NE 68801

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

5/6/2002

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ladies Workout Express franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Ladies Workout Express

Small Business Credit Cards

Banks in Grand Island, Nebraska

Nebraska SBA Banks