Washington, NJ Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise

Borrowing money to invest in a Curves For Women franchise? Unitedtrust Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Curves For Women franchise? If so, here's a 2001 SBA franchise loan that you should know about. Unitedtrust Bank was the lender and the entrepreneur was based in Washington, New Jersey.

SBA Loan Borrower

CURVES FOR WOMEN
WASHINGTON, NJ 07882

SBA Loan Lender

UNITEDTRUST BANK
305 ROSEBERRY ST
PHILLIPSBURG, NJ 08865

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611620 - Sports and Recreation Instruction

Loan Approval Date

4/23/2001

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Curves For Women franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 4 new jobs.

Getting an SBA Loan For Your Business

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $35,000 loan. Remember, feel the fear, and do it anyway.

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

Find Start-Up Capital

SBA 7A Banks in Phillipsburg, New Jersey

New Jersey SBA Banks