Financing for Amusement and Recreation Industries

Looking for commercial loans for amusement and recreation industries? Talk to a banker who works with the SBA. This $304,600 amusement and recreation industries loan was issued by a North Carolina bank.

Getting a small business loan in Leesville, South Carolina was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust, operating out of Winston Salem, North Carolina. Here are the details on this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
LEESVILLE, SC 29070

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

713990 - Amusement and Recreation Industries

Loan Approval Date

9/17/2007

Loan Approval Gross Amount

$304,600

Loan Approval from the SBA

Of the total $304,600 loan amount, the SBA guaranteed $152,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had no employees. The SBA loan documents indicated that the borrowed money would help generate 20 new jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Leesville SC, you ought to talk with a local Leesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Leesville 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 $304,600 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:

Getting a Small Business Loan

Best Winston Salem, North Carolina Banks for Small Business

North Carolina SBA 7A Lenders