Business Loans for Fitness and Recreational Sports Centers

Looking for business loans for fitness and recreational sports centers? Try the SBA. This $375,000 fitness and recreational sports centers loan was issued by a Pennsylvania bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Fnb Bank, National Association, out of Bloomsburg, Pennsylvania. The loan was granted and they received $375,000 to help grow their Bloomsburg, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
BLOOMSBURG, PA 17815

SBA Loan Lender

FNB BANK, NATIONAL ASSOCIATION
37 W MAIN ST
BLOOMSBURG, PA 17815

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/20/2000

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Small Business Credit Cards

SBA 7A Lenders in Bloomsburg, Pennsylvania

Pennsylvania SBA 7A Banks