Borrow Money to Buy a Curves For Women Franchise
Borrowing money to buy a Curves For Women franchise? State National Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Curves For Women franchise shouldn't be overly burdensome. In 2003, State National Bank issued an SBA franchise loan to an entrepreneur in Ruidoso, New Mexico. Because Curves For Women was registered with the SBA's registry of franchises, this New Mexico small business loan was issued on an expedited basis.
SBA Loan Borrower
CURVES AND BEACH BUNS
RUIDOSO, NM 88345
SBA Loan Lender
STATE NATIONAL BANK
1710 SUDDERTH DR
RUIDOSO, NM 88345
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
10/23/2003
Loan Approval Gross Amount
$76,600
Loan Approval from the SBA
Of the total $76,600 loan amount, the SBA guaranteed $65,110.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $76,600. How would you spend $76,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Curves
Borrowing Money from Friends and Family
Banks in Ruidoso, New Mexico
SBA New Mexico Banks