Borrow Money to Buy a Curves For Women Franchise

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

If you live near Wausau, Wisconsin and are interested in buying a Curves For Women franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by M&i Marshall & Ilsley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

WOMEN'S FITNESS CNTR OF WAUSAU
WAUSAU, WI 54401

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202

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

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

5/24/2002

Loan Approval Gross Amount

$282,700

Loan Approval from the SBA

Of the total $282,700 loan amount, the SBA guaranteed $212,025.

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 5 employees. The SBA loan documents indicated that the funding would help generate 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like M&i Marshall & Ilsley Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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