Salin Bank & Trust Company Provides SBA Loan to Buy Pro Golf Franchise

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

Pro Golf franchise loans are available to Fort Wayne, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Salin Bank & Trust Company, based in Indianapolis, Indiana, issued an SBA franchise loan for a Pro Golf franchise in 2004. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

PRO GOLF DISCOUNT OF FORT WAYN
FORT WAYNE, IN 46805

SBA Loan Lender

SALIN BANK & TRUST COMPANY
8455 KEYSTONE CROSSING DR, ST
INDIANAPOLIS, IN 46240

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

6/2/2004

Loan Approval Gross Amount

$272,800

Loan Approval from the SBA

Of the total $272,800 loan amount, the SBA guaranteed $204,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Salin Bank & Trust Company 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:

Pro Golf Discount

Small Business Loan

SBA Banks in Indianapolis, Indiana

SBA Lenders in Indiana