Borrow Money to Buy a Jazzercise Franchise
Borrowing money to invest in a Jazzercise franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Jazzercise franchise? If so, here's a 2006 SBA franchise loan that you should know about. Temecula Valley Bank was the lender and the entrepreneur was based in Houston, Texas.
SBA Loan Borrower
BOUTIQUE ON THE GO
HOUSTON, TX 77095
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812990 - Personal Services
Loan Approval Date
6/29/2006
Loan Approval Gross Amount
$888,400
Loan Approval from the SBA
Of the total $888,400 loan amount, the SBA guaranteed $666,300.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Jazzercise franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $888,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Jazzercise
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Best Banks in Temecula, California
Getting an SBA Loan in California