Lehighton, PA Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise
Borrowing money to invest in a Curves For Women franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Curves For Women franchise loans are available to Lehighton, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bnb Bank, National Association, based in Fort Lee, New Jersey, issued an SBA franchise loan for a Curves For Women franchise in 2007. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
MIND,BODY,AND SPIRIT,INC
LEHIGHTON, PA 18235
SBA Loan Lender
BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
5/11/2007
Loan Approval Gross Amount
$104,000
Loan Approval from the SBA
Of the total $104,000 loan amount, the SBA guaranteed $88,400.
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 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start business in Lehighton PA, you ought to talk with a local Lehighton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lehighton 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 $104,000 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:
Curves
Business Line of Credit
Small Bank Loans in Fort Lee, New Jersey
New Jersey SBA Banks