Loan to Buy Anytime Fitness Franchise Issued By Bank Of The Sierra

Need a loan to buy an Anytime Fitness franchise? Bank Of The Sierra 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 2007, Bank Of The Sierra issued an SBA franchise loan to an entrepreneur in Wasco, California. Because Anytime Fitness was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

SJGS ENTERPRISES, LLC DBA: ANYTIME FITNESS
WASCO, CA 93280

SBA Loan Lender

BANK OF THE SIERRA
86 N MAIN ST
PORTERVILLE, CA 93257

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

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

2/14/2007

Loan Approval Gross Amount

$185,300

Loan Approval from the SBA

Of the total $185,300 loan amount, the SBA guaranteed $138,975.

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 no employees. This SBA loan request indicated that the borrowed money would help create 4 new jobs.

Next Steps for Getting an SBA Loan

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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Realistic Debt Financing Options

SBA Participating Banks in Porterville, California

SBA Participating Banks in California