Getting an SBA Loan for Golf Courses and Country Clubs
Looking for business loans for golf courses and country clubs? Talk to a banker who works with the SBA. This $1,333,300 golf courses and country clubs loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Crab Orchard, Tennessee was able to borrow $1,333,300 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $999,975 of this Tennessee small business loan.
SBA Loan Borrower
COMPANY TYPE: PUBLIC GOLF COURSES
CRAB ORCHARD, TN 37723
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7992 - Public Golf Courses
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
9/14/2001
Loan Approval Gross Amount
$1,333,300
Loan Approval from the SBA
Of the total $1,333,300 loan amount, the SBA guaranteed $999,975.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 22 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Crab Orchard or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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