Vist Bank Provides SBA Loan to Buy Fitness Together Franchise
Borrowing money to purchase a Fitness Together franchise? Vist Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Fitness Together franchise? If so, here's a 2007 SBA franchise loan that you should know about. Vist Bank was the lender and the entrepreneur was based in Philadelphia, Pennsylvania.
SBA Loan Borrower
ROMA FITNESS INC
PHILADELPHIA, PA 19128
SBA Loan Lender
VIST BANK
1240 BROADCASTING RD
WYOMISSING, PA 19610
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
812990 - Personal Services
Loan Approval Date
7/27/2007
Loan Approval Gross Amount
$181,000
Loan Approval from the SBA
Of the total $181,000 loan amount, the SBA guaranteed $135,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fitness Together franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
Related Links:
Fitness Together Franchise
Role of Business Plan When Raising Money
SBA 7A Banks for Wyomissing, Pennsylvania Loans
Pennsylvania SBA 7A Lenders