Business Loan from Mills County State Bank Given to Membership Sports And Recreation Clubs Company
Mills County State Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Mills County State Bank, out of Goldthwaite, Texas. The loan was granted and they received $132,900 to help grow their Early, Texas business.
SBA Loan Borrower
COMPANY TYPE: MEMBERSHIP SPORTS AND RECREATION CLUBS
EARLY, TX 76802
SBA Loan Lender
MILLS COUNTY STATE BANK
1017 PARKER ST
GOLDTHWAITE, TX 76844
This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7997 - Membership Sports and Recreation Clubs
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
12/11/2000
Loan Approval Gross Amount
$132,900
Loan Approval from the SBA
Of the total $132,900 loan amount, the SBA guaranteed $99,675.
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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Early 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.
Related Links:
Business Incubators
SBA Banks in Goldthwaite, Texas
SBA Texas Banks