Borrow Money to Buy a Fitwize 4 Kids Franchise
Borrowing money to buy a Fitwize 4 Kids franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Fitwize 4 Kids franchise shouldn't be overly burdensome. In 2005, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Poway, California. Because Fitwize 4 Kids was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
FITWIZE 4 KIDS
POWAY, CA 92064
SBA Loan Lender
WELLS FARGO BANK
5611 PALMER WAY, STE G
CARLSBAD, CA 92008
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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
4/14/2005
Loan Approval Gross Amount
$84,000
Loan Approval from the SBA
Of the total $84,000 loan amount, the SBA guaranteed $71,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fitwize 4 Kids franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.
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:
Fitwize 4 Kids
Small Business Credit Cards
Banks in Carlsbad, California
California SBA 7A Lenders