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November 15, 2024  
 
 
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I Need an SBA 7A Loan to Buy a Franchise in Lee (census Name For Lee Cente, Massachusetts

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Butterfly Life Franchise

Need a loan to purchase a Butterfly Life franchise? Legacy Banks has a history of making these loans and they are guaranteed by the SBA.

Butterfly Life franchise loans are available to Lee (census Name For Lee Cente, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Legacy Banks, based in Pittsfield, Massachusetts, issued an SBA franchise loan for a Butterfly Life franchise in 2008. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

IMAGINE YOU LLC
LEE (CENSUS NAME FOR LEE CENTE, MA 01238

SBA Loan Lender

LEGACY BANKS
99 NORTH ST
PITTSFIELD, MA 01201

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

1/17/2008

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Butterfly Life franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 1 new job.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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