Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Business Loans for Nashville Business Owners

 

 
Loan Census SBA Loan Info

Superior Financial Group, LLC Provides SBA Loan to Buy Contours Express Franchise

Borrowing money to buy a Contours Express franchise? Superior Financial Group, LLC has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Contours Express franchise requires some effort but others before you have been successful. In 2006, Superior Financial Group, LLC issued an SBA franchise loan to an entrepreneur in Nashville, Tennessee. Because Contours Express was registered with the SBA's registry of franchises, this Tennessee small business loan was issued on an expedited basis.

SBA Loan Borrower

CONTOURS EXPRESS
NASHVILLE, TN 37207

SBA Loan Lender

SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

7/28/2006

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Contours Express franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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.

We can help you find the best banks for small businesses in Nashville 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.

Related Links:

Contours Express, Inc.

Obtaining Funding - How to Borrow Money

Who Lends Money to Small Businesses in Walnut Creek, California

California SBA 7A Banks