Amusement and Theme Parks SBA Loans

With these SBA loans for amusement and theme parks, the SBA guarantees the lender that the loan will be repaid. This amusement and theme parks loan for $100,000 was given to a New York entrepreneur in 2000.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Citibank, out of New York City, New York. The loan was granted and they received $100,000 to help grow their East Norwich, New York business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND THEME PARKS
EAST NORWICH, NY 11731

SBA Loan Lender

CITIBANK
120 BROADWAY
NEW YORK CITY, NY 10271

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

713110 - Amusement and Theme Parks

Loan Approval Date

10/6/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 21 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citibank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Microlending as a Small Business Funding Source

SBA Approved Banks in New York City, New York

SBA New York Lenders