Loan to Buy Golf Etc. Franchise Issued By Farmers Bank & Trust Company

Need a loan to purchase a Golf Etc. franchise? Farmers Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

If you live near El Dorado, Arkansas and are interested in buying a Golf Etc. franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Farmers Bank & Trust Company. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

GOLF ETC EL DORADO
EL DORADO, AR 71730

SBA Loan Lender

FARMERS BANK & TRUST COMPANY
200 E MAIN ST
MAGNOLIA, AR 71753

This lender issued this particular bank 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.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

9/20/2001

Loan Approval Gross Amount

$147,000

Loan Approval from the SBA

Of the total $147,000 loan amount, the SBA guaranteed $124,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Golf Etc. franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient 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 loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $147,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Golf Etc

Obtaining Funding - Friends and Family

Best Magnolia, Arkansas Banks for Small Business

Arkansas SBA Bank Lenders