Loan to Buy Curves For Women Franchise Issued By Comerica Bank

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

An entrepreneur in Waterford, Michigan needed money to invest in a Curves For Women franchise back in 2004. Comerica Bank issued an SBA franchise loan. Here are the details on this Michigan small business loan.

SBA Loan Borrower

CHRISTWIN, LLC
WATERFORD, MI 48329

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

4/20/2004

Loan Approval Gross Amount

$216,600

Loan Approval from the SBA

Of the total $216,600 loan amount, the SBA guaranteed $162,450.

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 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Comerica Bank and they will explain how you can get an SBA loan for your company.

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.

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