Loan Census Banking News and Information
November 15, 2024  
 
 
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Loan Census SBA Loan Info

Regions Bank Gives SBA Loan to Bowling Centers Company

Would a Florida SBA loan help your business get to the next level? If so, you may want to talk with this Alabama bank, which offers SBA loans to Florida entrepreneurs.

You can learn something about getting a small business loan in Hudson, Florida by studying this loan to a local business, made back in 2001. Banks like Regions Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
HUDSON, FL 34667

SBA Loan Lender

REGIONS BANK
250 RIVERCHASE PKWY E RCS-1 B
BIRMINGHAM, AL 35244

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713950 - Bowling Centers

Loan Approval Date

9/26/2001

Loan Approval Gross Amount

$996,000

Loan Approval from the SBA

Of the total $996,000 loan amount, the SBA guaranteed $747,000.

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 16 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $996,000 loan. Remember, where there is a will, there is a way!

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:

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SBA Banks in Birmingham, Alabama

Where to Get an SBA Loan Alabama