Golf Courses and Country Clubs Business Loans
Looking for business loans for golf courses and country clubs? Talk to a banker who works with the SBA. This $1,231,300 golf courses and country clubs loan was issued by a Montana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Helena, Montana was able to borrow $1,231,300 from Continental National Bank. The SBA made the loan possible by guaranteeing $923,475 of this Montana small business loan.
SBA Loan Borrower
COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS
HELENA, MT 59602
SBA Loan Lender
CONTINENTAL NATIONAL BANK
32 N CENTRAL AVE
HARLOWTON, MT 59036
This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
5/16/2001
Loan Approval Gross Amount
$1,231,300
Loan Approval from the SBA
Of the total $1,231,300 loan amount, the SBA guaranteed $923,475.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 26 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,231,300 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Determining Proper Capital Structure for a Business
SBA 7A Lenders in Harlowton, Montana
SBA Participating Banks in Montana