Loan to Buy Anytime Fitness Franchise Issued By Community National Bank
Need a loan to purchase an Anytime Fitness franchise? Community National Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Anytime Fitness franchise is doable. In 2006, Community National Bank issued an SBA franchise loan to an entrepreneur in Topeka, Kansas. Because Anytime Fitness was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.
SBA Loan Borrower
ANYTIME FITNESS
TOPEKA, KS 66614
SBA Loan Lender
COMMUNITY NATIONAL BANK
5431 SW 29TH ST
TOPEKA, KS 66614
The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
10/31/2006
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $65,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Anytime Fitness franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Topeka or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Anytime Fitness
Getting a Small Business Loan
Banks in Topeka, Kansas
SBA Lenders in Kansas