Loans for Recreational and Vacation Camps
Looking for loans for recreational and vacation camps? An SBA loan may be just what you've been looking for. This $192,000 recreational and vacation camps loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Davis, Texas was able to borrow $192,000 from Transpecos Banks. The SBA made the loan possible by guaranteeing $144,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL AND VACATION CAMPS
FORT DAVIS, TX 79734
SBA Loan Lender
TRANSPECOS BANKS
115 W 3RD ST
PECOS, TX 79772
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 7A business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721214 - Recreational and Vacation Camps
Loan Approval Date
5/27/2005
Loan Approval Gross Amount
$192,000
Loan Approval from the SBA
Of the total $192,000 loan amount, the SBA guaranteed $144,000.
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 10 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
A Company That Helps Entrepreneurs
SBA Approved Banks in Pecos, Texas
Texas SBA 7A Banks