Fitness and Recreational Sports Centers Loans
With these loans for fitness and recreational sports centers, the SBA guarantees the lender that the loan will be repaid. This fitness and recreational sports centers loan for $116,100 was given to a Wisconsin entrepreneur in 2006.
This small firm knew how to go about getting a business bank loan. Based in Hartford, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was West Bend Savings Bank, based in West Bend, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL FITNESS FACILITIES
HARTFORD, WI 53027
SBA Loan Lender
WEST BEND SAVINGS BANK
201 S FIFTH AVE
WEST BEND, WI 53095
This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
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
12/28/2006
Loan Approval Gross Amount
$116,100
Loan Approval from the SBA
Of the total $116,100 loan amount, the SBA guaranteed $98,685.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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