Loan to Buy Curves For Women Franchise Issued By Bank Mutual
Need money to purchase a Curves For Women franchise? Bank Mutual has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Green Bay, Wisconsin needed money to invest in a Curves For Women franchise back in 2004. Bank Mutual issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
MAIN ALLOUEZ LLC
GREEN BAY, WI 54311
SBA Loan Lender
BANK MUTUAL
4949 W BROWN DEER RD
MILWAUKEE, WI 53223
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
1/21/2004
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $45,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
Good Banks for Small Business in Milwaukee, Wisconsin
Getting an SBA Loan in Wisconsin