Financing for Sports Teams and Clubs

With these commercial loans for sports teams and clubs, the SBA guarantees the lender that the loan will be repaid. This sports teams and clubs loan for $49,400 was given to a Texas entrepreneur in 2004.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with State National Bank, out of Fort Worth, Texas. The loan was granted and they received $49,400 to help grow their El Paso, Texas business.

SBA Loan Borrower

COMPANY TYPE: SPORTS TEAMS AND CLUBS
EL PASO, TX 79912

SBA Loan Lender

STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

711211 - Sports Teams and Clubs

Loan Approval Date

5/6/2004

Loan Approval Gross Amount

$49,400

Loan Approval from the SBA

Of the total $49,400 loan amount, the SBA guaranteed $41,990.

More Information on This SBA Loan

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

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:

Microlending as a Small Business Funding Source

SBA 7A Banks in Fort Worth, Texas

SBA Lenders in Texas