Borrow Money to Buy a Ladies Workout Express Franchise

Need money to purchase a Ladies Workout Express franchise? Bank Reale has a history of making these loans and they are guaranteed by the SBA.

Ladies Workout Express franchise loans are available to Pasco, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Reale, based in Pasco, Washington, issued an SBA franchise loan for a Ladies Workout Express franchise in 2007. We've got all the details on this Washington small business loan.

SBA Loan Borrower

LADIES WORKOUT EXPRESS
PASCO, WA 99301

SBA Loan Lender

BANK REALE
5205 ROAD 68
PASCO, WA 99301

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

8/23/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Ladies Workout Express franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Pasco 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:

Ladies Workout Express

Obtaining Funding From a Venture Capitalist

Find an SBA Lender in Pasco, Washington

Washington SBA Bank Lenders