New Mexico Entrepreneur Secures Financing to Buy Putt Putt Golf Course Franchise

Need a loan to buy a Putt Putt Golf Course franchise? First Fed. A Division - Washin has a history of making these loans and they are guaranteed by the SBA.

Putt Putt Golf Course franchise loans are available to Las Cruces, New Mexico entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Fed. A Division - Washin, based in Roswell, New Mexico, issued an SBA franchise loan for a Putt Putt Golf Course franchise in 2000. We've got all the details on this New Mexico small business loan.

SBA Loan Borrower

PUTT-PUTT GOLF & GAMES
LAS CRUCES, NM 88005

SBA Loan Lender

FIRST FED. A DIVISION - WASHIN
300 N PENNSYLVANIA AVE
ROSWELL, NM 88201

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

11/7/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Putt Putt Golf Course franchise. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Fed. A Division - Washin had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Fed. A Division - Washin made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Putt-Putt Golf and Games

Equity Financing

Small Bank Loans in Roswell, New Mexico

New Mexico SBA Bank Lenders