Borrow Money to Buy a Bath Fitters Franchising Franchise

Need a loan to buy a Bath Fitters Franchising franchise? City National Bank - W. Virginia has a history of making these loans and they are guaranteed by the SBA.

Bath Fitters Franchising franchise loans are available to Hurricane, West Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, City National Bank - W. Virginia, based in Point Pleasant, West Virginia, issued an SBA franchise loan for a Bath Fitters Franchising franchise in 2000. We've got all the details on this West Virginia small business loan.

SBA Loan Borrower

BATH FITTER
HURRICANE, WV 25526

SBA Loan Lender

CITY NATIONAL BANK - W. VIRGINIA
2212 JACKSON AVE
POINT PLEASANT, WV 25550

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.

SIC Code

1799 - Special Trade Contractors

Loan Approval Date

1/5/2000

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $44,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bath Fitters Franchising franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $55,000 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:

Bath Fitter

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Good Banks for Small Business in Point Pleasant, West Virginia

West Virginia SBA Bank Lenders