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November 14, 2024  
 
 
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Where to Get an SBA Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Rhode Island Entrepreneur Secures Financing to Buy Curves For Women Franchise

Need money to buy a Curves For Women franchise? Bank Rhode Island has a history of making these loans and they are guaranteed by the SBA.

Curves For Women franchise loans are available to Providence, Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Rhode Island, based in Providence, Rhode Island, issued an SBA franchise loan for a Curves For Women franchise in 2002. We've got all the details on this Rhode Island small business loan.

SBA Loan Borrower

CURVES FOR WOMEN
PROVIDENCE, RI 02903

SBA Loan Lender

BANK RHODE ISLAND
ONE TURKS HEAD PLACE
PROVIDENCE, RI 02903

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

812990 - Personal Services

Loan Approval Date

12/20/2002

Loan Approval Gross Amount

$27,000

Loan Approval from the SBA

Of the total $27,000 loan amount, the SBA guaranteed $13,500.

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 4 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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