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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Elmira, Business Loans > The Elmira Savings Bank, Fsb Elmira Business Loans > Physical Fitness Facilities Loan | ||||
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New York Small Business Funding
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Small Business Loans for Fitness and Recreational Sports CentersLooking for small business loans for fitness and recreational sports centers? The SBA may be the answer. This $27,200 fitness and recreational sports centers loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elmira, New York was able to borrow $27,200 from The Elmira Savings Bank, Fsb. The SBA made the loan possible by guaranteeing $23,120 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICAL FITNESS FACILITIES SBA Loan Lender THE ELMIRA SAVINGS BANK, FSB The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7991 - Physical Fitness Facilities NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 3/27/2001 Loan Approval Gross Amount $27,200 Loan Approval from the SBA Of the total $27,200 loan amount, the SBA guaranteed $23,120. 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 did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Small Bank Loans in Elmira, New York
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