Loan to Buy Curves For Women Franchise Issued By Bank Of America
Need a loan to purchase a Curves For Women franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Curves For Women franchise is doable. In 2002, Bank Of America issued an SBA franchise loan to an entrepreneur in North Augusta, South Carolina. Because Curves For Women was registered with the SBA's registry of franchises, this South Carolina small business loan was issued on an expedited basis.
SBA Loan Borrower
CURVES FOR WOMEN OF NORTH AUGU
NORTH AUGUSTA, SC 29841
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
11/20/2002
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of America that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Curves
Business Incubators
SBA Banks in Charlotte, North Carolina
Where to Get an SBA Loan North Carolina