Chattanooga, TN Entrepreneur Gets SBA Loan to Buy Nevada Bob's Discount Golf & Tennis Franchise

Need a loan to invest in a Nevada Bob's Discount Golf & Tennis franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA.

Nevada Bob's Discount Golf & Tennis franchise loans are available to Chattanooga, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wachovia Bank, based in Birmingham, Alabama, issued an SBA franchise loan for a Nevada Bob's Discount Golf & Tennis franchise in 2004. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

NEVADA BOBS GOLF
CHATTANOOGA, TN 37421

SBA Loan Lender

WACHOVIA BANK
420 N 20TH ST
BIRMINGHAM, AL 35203

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

3/24/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Nevada Bob's Discount Golf & Tennis franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wachovia Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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