Loan to Buy Massage Envy Franchise Issued By Security Service Fcu

Need a loan to purchase a Massage Envy franchise? Security Service Fcu has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Massage Envy franchise? If so, here's a 2006 SBA franchise loan that you should know about. Security Service Fcu was the lender and the entrepreneur was based in San Antonio, Texas.

SBA Loan Borrower

MASSAGE ENVY BANDERA OAKS
SAN ANTONIO, TX 78250

SBA Loan Lender

SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

8/15/2006

Loan Approval Gross Amount

$212,000

Loan Approval from the SBA

Of the total $212,000 loan amount, the SBA guaranteed $159,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help create 18 new jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This SBA loan was for $212,000. How would you spend $212,000 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.

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