Raising Money for Amusement and Recreation Industries

Looking for business loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $150,000 amusement and recreation industries loan was issued by an Arkansas bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of The Ozarks, out of Little Rock, Arkansas. The loan was granted and they received $150,000 to help grow their Maumelle, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
MAUMELLE, AR 72113

SBA Loan Lender

BANK OF THE OZARKS
12615 CHENAL PKWY
LITTLE ROCK, AR 72211

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

1/23/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The Ozarks so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Line of Credit

Where to Get an SBA Loan in Little Rock, Arkansas

Arkansas SBA 7A Lenders