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November 24, 2024  
 
 
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Wells Fargo Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Business Loans for Fitness and Recreational Sports Centers

Looking for business loans for fitness and recreational sports centers? An SBA loan may be just what you've been looking for. This $214,800 fitness and recreational sports centers loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Louisville, Colorado was able to borrow $214,800 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $161,100 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
LOUISVILLE, CO 80027

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

10/24/2005

Loan Approval Gross Amount

$214,800

Loan Approval from the SBA

Of the total $214,800 loan amount, the SBA guaranteed $161,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Louisville CO, you ought to talk with a local Louisville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Louisville businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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 7A Banks in San Jose, California

Getting an SBA Loan in California