Borrow Money to Buy a Curves For Women Franchise
Need a loan to purchase a Curves For Women franchise? Bank - Oklahoma 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 2004 SBA franchise loan that you should know about. Bank - Oklahoma was the lender and the entrepreneur was based in Oklahoma City, Oklahoma.
SBA Loan Borrower
CURVES FOR WOMEN
3026 N HARVEY PARKWAY
OKLAHOMA CITY, OK 73103
SBA Loan Lender
BANK - OKLAHOMA
ONE WILLIAMS CTR
TULSA, OK 74172
This lender issued this particular commercial 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.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
2/13/2004
Loan Approval Gross Amount
$54,000
Loan Approval from the SBA
Of the total $54,000 loan amount, the SBA guaranteed $45,900.
More Information on This SBA Loan
The borrower, Curves For Women, 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 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 1/31/2007.
Great, But How Can I Get an SBA Loan for My 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.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Curves For Women shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Curves
Banking Deregulation's Effects on Entrepreneurship
Good Banks for Small Business in Tulsa, Oklahoma
Oklahoma SBA 7A Lenders
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