Borrow Money to Buy a Hollywood Tans Franchise

Need a loan to purchase a Hollywood Tans franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.

Hollywood Tans franchise loans are available to Honolulu, Hawaii entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of Hawaii, based in Honolulu, Hawaii, issued an SBA franchise loan for a Hollywood Tans franchise in 2007. We've got all the details on this Hawaii small business loan.

SBA Loan Borrower

HOLLYWOOD TANS
HONOLULU, HI 96797

SBA Loan Lender

BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

812199 - Personal Care Services

Loan Approval Date

6/28/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Hollywood Tans franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of Hawaii had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of Hawaii made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Hollywood Tans

Debt Financing

SBA 7A Lenders in Honolulu, Hawaii

Hawaii SBA 7A Banks