Missouri City, TX Entrepreneur Gets SBA Loan to Buy Little Gym Franchise

Borrowing money to purchase a Little Gym franchise? Amer Business Lending Inc. has a history of making these loans and they are guaranteed by the SBA.

Little Gym franchise loans are available to Missouri City, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer Business Lending Inc., based in Dallas, Texas, issued an SBA franchise loan for a Little Gym franchise in 2004. We've got all the details on this Texas small business loan.

SBA Loan Borrower

THE LITTLE GYM OF SUGAR LAND
MISSOURI CITY, TX 77478

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

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

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

9/10/2004

Loan Approval Gross Amount

$164,000

Loan Approval from the SBA

Of the total $164,000 loan amount, the SBA guaranteed $123,000.

More Information on This SBA Loan

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

Getting an SBA Loan For Your Business

If you need money to start business in Missouri City TX, you ought to talk with a local Missouri City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Missouri City businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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