Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Business Loans for Victorville Entrepreneurs

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Curves For Women Franchise

Need money to purchase a Curves For Women franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Curves For Women franchise shouldn't be overly burdensome. In 2004, Bank Of America issued an SBA franchise loan to an entrepreneur in Victorville, California. Because Curves For Women was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

CURVES FOR WOMEN
VICTORVILLE, CA 92392

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

1/14/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 18 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Victorville CA, you ought to talk with a local Victorville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Victorville businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Curves

Borrowing Money from Friends and Family

Who Lends Money to Small Businesses in Charlotte, North Carolina

SBA Lenders in North Carolina