Tulsa, OK Entrepreneur Gets SBA Loan to Buy Curves For Women Franchise

Need a loan to purchase a Curves For Women franchise? First Bankcentre has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Curves For Women franchise shouldn't be too tough. In 2005, First Bankcentre issued an SBA franchise loan to an entrepreneur in Tulsa, Oklahoma. Because Curves For Women was registered with the SBA's registry of franchises, this Oklahoma small business loan was issued on an expedited basis.

SBA Loan Borrower

GREEN COUNTRY CURVES,INC
8007 S. SHERIDAN RD UNIT G
TULSA, OK 74133

SBA Loan Lender

FIRST BANKCENTRE
1650 S ELM PLACE
BROKEN ARROW, OK 74012

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

6/21/2005

Loan Approval Gross Amount

$128,000

Loan Approval from the SBA

Of the total $128,000 loan amount, the SBA guaranteed $108,800.

More Information on This SBA Loan

The borrower, Green Country Curves,Inc, 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 8 employees. The SBA loan application for the borrower did not indicate that the company 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 9/29/2006.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Green Country Curves,Inc 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.

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