Arkansas Entrepreneur Secures Financing to Buy Curves For Women Franchise
Need a loan to buy a Curves For Women franchise? Metropolitan National Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Malvern, Arkansas needed money to invest in a Curves For Women franchise back in 2006. Metropolitan National Bank issued an SBA franchise loan. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
CURVES LLC
MALVERN, AR 72104
SBA Loan Lender
METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
6/16/2006
Loan Approval Gross Amount
$52,300
Loan Approval from the SBA
Of the total $52,300 loan amount, the SBA guaranteed $44,455.
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 only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Malvern or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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