Golf Courses and Country Clubs Small Business Loans
With these small business loans for golf courses and country clubs, the SBA guarantees the lender that the loan will be repaid. This golf courses and country clubs loan for $442,448 was given to a Wisconsin entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Green Bay, Wisconsin was able to borrow $442,448 from Associated Bank. The SBA made the loan possible by guaranteeing $331,836 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: MEMBERSHIP SPORTS AND RECREATION CLUBS
GREEN BAY, WI 54303
SBA Loan Lender
ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7997 - Membership Sports and Recreation Clubs
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
2/21/2001
Loan Approval Gross Amount
$442,448
Loan Approval from the SBA
Of the total $442,448 loan amount, the SBA guaranteed $331,836.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Associated Bank 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:
A Company That Helps Entrepreneurs
SBA 7A Banks for Green Bay, Wisconsin Loans
Wisconsin SBA Banks