 |
 |
December 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Florida Business Loan Sources > Scottsdale, Business Loans > First National Bank Of Arizona Scottsdale Business Loans > Mac Ventures, LLC Loan | ||||
 |
||||
Good Sources for Mid Florida SBA Loans
|
||||
 |
Borrow Money to Buy a Massage Envy FranchiseNeed a loan to invest in a Massage Envy franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Mid Florida, Florida needed money to invest in a Massage Envy franchise back in 2007. First National Bank Of Arizona issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower MAC VENTURES, LLC SBA Loan Lender FIRST NATIONAL BANK OF ARIZONA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621399 - Health Practitioners Loan Approval Date 12/10/2007 Loan Approval Gross Amount $393,400 Loan Approval from the SBA Of the total $393,400 loan amount, the SBA guaranteed $295,050. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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:
|
|
||
|
||||
|
|
||||