Borrow Money to Buy a Curves For Women Franchise
Borrowing money to invest in a Curves For Women franchise? Redstone Fcu has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Huntsville, Alabama needed money to invest in a Curves For Women franchise back in 2006. Redstone Fcu issued an SBA franchise loan. Here are the details on this Alabama small business loan.
SBA Loan Borrower
CHRYSALIS UNLIMITED, INC.
HUNTSVILLE, AL 35811
SBA Loan Lender
REDSTONE FCU
220 WYNN DR
HUNTSVILLE, AL 35893
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
7/5/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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Curves
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Good Banks for Small Business in Huntsville, Alabama
SBA Lenders in Alabama