Loan to Buy Fitwize 4 Kids Franchise Issued By Commerce Bank

Need money to buy a Fitwize 4 Kids franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Warrington, Pennsylvania and are interested in buying a Fitwize 4 Kids franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Commerce Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

P&C FITNESS, LLC DBA FITWIZE 4 KIDS BUCKS
Warrington, PA 18976

SBA Loan Lender

COMMERCE BANK
GLENVIEW CORPORATE CENTER, ST
BENSALEM, PA 19020

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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

3/28/2007

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fitwize 4 Kids franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the funding would help create 4 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Warrington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Fitwize 4 Kids

How to Raise Money

Small Bank Loans in Bensalem, Pennsylvania

Pennsylvania SBA Banks