Where to Get Capital for Amusement and Recreation Industries

With these small business loans for amusement and recreation industries, the SBA guarantees the lender that the loan will be repaid. This amusement and recreation industries loan for $92,800 was given to a Vermont entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Burlington, Vermont, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Opportunities Cu, based in Burlington, Vermont.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
BURLINGTON, VT 05401

SBA Loan Lender

OPPORTUNITIES CU
18 PEARL ST
BURLINGTON, VT 05401

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

7/28/2003

Loan Approval Gross Amount

$92,800

Loan Approval from the SBA

Of the total $92,800 loan amount, the SBA guaranteed $78,880.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Opportunities Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Opportunities Cu made the loan. The end result was that this firm 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 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.

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