Iowa Entrepreneur Secures Financing to Buy Curves For Women Franchise

Borrowing money to invest in a Curves For Women franchise? First American Bank has a history of making these loans and they are guaranteed by the SBA.

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

SBA Loan Borrower

CURVES FOR WOMEN
SIOUX CITY, IA 51106

SBA Loan Lender

FIRST AMERICAN BANK
800 GORDON DR
SIOUX CITY, IA 51101

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

3/20/2002

Loan Approval Gross Amount

$62,500

Loan Approval from the SBA

Of the total $62,500 loan amount, the SBA guaranteed $53,125.

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 8 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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