Amusement and Recreation Industries Business Loans

Looking for business loans for amusement and recreation industries? Try the SBA. This $78,000 amusement and recreation industries loan was issued by a Mississippi bank.

This business knew how to go about getting a business bank loan. Based in Kosciusko, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Merchants & Farmers Bank, based in Kosciusko, Mississippi.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
KOSCIUSKO, MS 39090

SBA Loan Lender

MERCHANTS & FARMERS BANK
134 W WASHINGTON ST
KOSCIUSKO, MS 39090

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

1/27/2003

Loan Approval Gross Amount

$78,000

Loan Approval from the SBA

Of the total $78,000 loan amount, the SBA guaranteed $66,300.

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 only one employee. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Kosciusko or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Startup Funding Tip

SBA Banks in Kosciusko, Mississippi

Getting an SBA Loan in Mississippi