Vincent, OH Entrepreneur Gets SBA Loan to Buy Anytime Fitness Franchise

Need a loan to invest in an Anytime Fitness franchise? Advantage Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Anytime Fitness franchise may simply require a phone call to a local SBA banker. In 2007, Advantage Bank issued an SBA franchise loan to an entrepreneur in Vincent, Ohio. Because Anytime Fitness was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

ANYTIME FITNESS CENTER
VINCENT, OH 45784

SBA Loan Lender

ADVANTAGE BANK
814 WHEELING AVE
CAMBRIDGE, OH 43725

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

9/7/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Anytime Fitness franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Vincent OH, you ought to talk with a local Vincent SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vincent businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Advantage Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Family and Friend Investors - Your First Financiers

Best Cambridge, Ohio Banks for Small Business

SBA Lenders in Ohio