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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