Loan to Buy Curves For Women Franchise Issued By Charter Bank

Need a loan to purchase a Curves For Women franchise? Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Curves For Women franchise? If so, here's a 2003 SBA franchise loan that you should know about. Charter Bank was the lender and the entrepreneur was based in Johnston, Iowa.

SBA Loan Borrower

CURVES FOR WOMEN
JOHNSTON, IA 50131

SBA Loan Lender

CHARTER BANK
5526 NW 86TH ST
JOHNSTON, IA 50131

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

3/25/2003

Loan Approval Gross Amount

$46,800

Loan Approval from the SBA

Of the total $46,800 loan amount, the SBA guaranteed $39,780.

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 6 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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

Obtaining Funding - How to Borrow Money

Where to Get an SBA Loan in Johnston, Iowa

Find an SBA Lender in Iowa