Loan to Buy Curves For Women Franchise Issued By Hsbc Bank Usa
Borrowing money to buy a Curves For Women franchise? Hsbc Bank Usa 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 2002 SBA franchise loan that you should know about. Hsbc Bank Usa was the lender and the entrepreneur was based in Westfield, New York.
SBA Loan Borrower
CURVES FOR WOMEN OF WESTFIELD
WESTFIELD, NY 14787
SBA Loan Lender
HSBC BANK USA
ONE HSBC CTR
BUFFALO, NY 14203
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7991 - Physical Fitness Facilities
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
6/11/2002
Loan Approval Gross Amount
$31,000
Loan Approval from the SBA
Of the total $31,000 loan amount, the SBA guaranteed $26,350.
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 did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
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 Hsbc Bank Usa 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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