How to Get a Loan for Recreational and Vacation Camps
Looking for business loans for recreational and vacation camps? Try the SBA. This $50,000 recreational and vacation camps loan was issued by a New York bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Newtek Small Business Finance Inc., out of New York, New York. The loan was granted and they received $50,000 to help grow their Huntington Woods, Michigan business.
SBA Loan Borrower
COMPANY TYPE: RECREATIONAL AND VACATION CAMPS
HUNTINGTON WOODS, MI 48070
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
721214 - Recreational and Vacation Camps
Loan Approval Date
9/3/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 52 employees. The SBA loan application for the borrower indicated that the loan would help retain 52 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Huntington Woods MI, you ought to talk with a local Huntington Woods SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Huntington Woods businesses.
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 $50,000 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.
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