Loan to Buy Massage Envy Franchise Issued By Commerce Bank

Borrowing money to buy a Massage Envy franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

Massage Envy franchise loans are available to Olathe, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Commerce Bank, based in Kansas City, Missouri, issued an SBA franchise loan for a Massage Envy franchise in 2007. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

GRAM ENTERPRISES INC, DBA MASSAGE ENVY
OLATHE, KS 66062

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

611519 - Technical and Trade Schools

Loan Approval Date

9/13/2007

Loan Approval Gross Amount

$133,400

Loan Approval from the SBA

Of the total $133,400 loan amount, the SBA guaranteed $66,700.

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 only one employee. The loan application indicated that the loan would help generate 40 new jobs and retain 41 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Commerce Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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