 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | First National Bank Of Arizona Scottsdale Business Loans | ||||
 |
||||
SBA Franchise Financing Lender Miami Florida
|
||||
 |
Florida Entrepreneur Secures Financing to Buy Massage Envy FranchiseBorrowing money to buy a Massage Envy franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Miami, Florida needed money to invest in a Massage Envy franchise back in 2007. First National Bank Of Arizona issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower MASSAGE ENVY SBA Loan Lender FIRST NATIONAL BANK OF ARIZONA Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621399 - Offices of All Other Miscellaneous Health Practitioners Loan Approval Date 8/24/2007 Loan Approval Gross Amount $351,300 Loan Approval from the SBA Of the total $351,300 loan amount, the SBA guaranteed $263,475. More Information on This SBA Loan The borrower, Massage Envy, borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Massage Envy needed a loan. First National Bank Of Arizona probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank Of Arizona made the loan. The end result was that Massage Envy was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Small Bank Loans in Scottsdale, Arizona If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
|
|
||
|
||||
|
|
||||
