Getting an SBA Loan for Fitness and Recreational Sports Centers

Looking for business loans for fitness and recreational sports centers? Talk to a banker who works with the SBA. This $40,000 fitness and recreational sports centers loan was issued by an Ohio bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with National City Bank, out of Cleveland, Ohio. The loan was granted and they received $40,000 to help grow their Dublin, Ohio business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
DUBLIN, OH 43017

SBA Loan Lender

NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114

This lender processed this business 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.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/6/2000

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Understanding Dilution

Best Cleveland, Ohio Banks for Small Business

SBA Participating Banks in Ohio