Where to Get Capital for Sports and Recreation Instruction
Looking for small business loans for sports and recreation instruction? An SBA loan may be just what you've been looking for. This $43,000 sports and recreation instruction loan was issued by a Wisconsin bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Menasha, Wisconsin was able to borrow $43,000 from Anchorbank, Fsb. The SBA made the loan possible by guaranteeing $36,550 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
MENASHA, WI 54952
SBA Loan Lender
ANCHORBANK, FSB
110 FOX RIVER DR
APPLETON, WI 54913
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.
SIC Code
7999 - Amusement and Recreation Services
NAICS Code
611620 - Sports and Recreation Instruction
Loan Approval Date
8/22/2001
Loan Approval Gross Amount
$43,000
Loan Approval from the SBA
Of the total $43,000 loan amount, the SBA guaranteed $36,550.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $43,000. How would you spend $43,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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