Borrow Money to Buy a Rebath Of Nh Franchise

Need money to invest in a Rebath Of Nh franchise? Metropolitan National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Little Rock, Arkansas needed money to invest in a Rebath Of Nh franchise back in 2007. Metropolitan National Bank issued an SBA franchise loan. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

REBATH OF CENTRAL ARKANSAS
LITTLE ROCK, AR 72210

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

236118 - Residential Remodelers

Loan Approval Date

12/11/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Rebath Of Nh franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to find other ways to get money to start a business, 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:

Re-Bath

Business Credit Evaluation

SBA Approved Banks in Little Rock, Arkansas

SBA Lenders in Arkansas