Where to Get Capital for Bowling Centers
Looking for small business loans for bowling centers? Talk to a banker who works with the SBA. This $265,000 bowling centers loan was issued by a Wisconsin bank.
Getting a small business loan in Luxemburg, Wisconsin was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Luxemburg, operating out of Luxemburg, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: BOWLING CENTERS
LUXEMBURG, WI 54217
SBA Loan Lender
BANK OF LUXEMBURG
630 MAIN ST
LUXEMBURG, WI 54217
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7933 - Bowling Centers
NAICS Code
713950 - Bowling Centers
Loan Approval Date
1/3/2003
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Business Credit Evaluation
SBA 7A Banks for Luxemburg, Wisconsin Loans
Getting a Business Loan in Wisconsin