Americanwest Bank Provides SBA Loan to Buy Massage Envy Franchise

Need a loan to invest in a Massage Envy franchise? Americanwest Bank has a history of making these loans and they are guaranteed by the SBA.

Massage Envy franchise loans are available to Salt Lake City, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Americanwest Bank, based in Spokane, Washington, issued an SBA franchise loan for a Massage Envy franchise in 2008. We've got all the details on this Utah small business loan.

SBA Loan Borrower

HPJ INC. DBA MASSAGE ENVY IN MURRAY
SALT LAKE CITY, UT 84107

SBA Loan Lender

AMERICANWEST BANK
41 W RIVERSIDE AVE, STE 400
SPOKANE, WA 99201

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

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

1/4/2008

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 Americanwest 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:

Massage Envy

Choosing VC Firms

SBA Participating Banks in Spokane, Washington

SBA Washington Lenders