Where to Get Capital for Amusement and Recreation Industries
With these SBA loans for amusement and recreation industries, the SBA guarantees the lender that the loan will be repaid. This amusement and recreation industries loan for $404,700 was given to a Wyoming entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gillette, Wyoming was able to borrow $404,700 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $303,525 of this Wyoming small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
GILLETTE, WY 82716
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
2/28/2005
Loan Approval Gross Amount
$404,700
Loan Approval from the SBA
Of the total $404,700 loan amount, the SBA guaranteed $303,525.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.
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.
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