Borrow Money to Buy a Tan World Franchise
Borrowing money to buy a Tan World franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.
Tan World franchise loans are available to Urbandale, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American National Bank, based in Holstein, Iowa, issued an SBA franchise loan for a Tan World franchise in 2005. We've got all the details on this Iowa small business loan.
SBA Loan Borrower
TANWORLD
URBANDALE, IA 50322
SBA Loan Lender
AMERICAN NATIONAL BANK
116 N KIEL ST
HOLSTEIN, IA 51025
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
8/31/2005
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Tan World franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Angel Investors
SBA Participating Banks in Holstein, Iowa
Getting a Business Loan in Iowa