Getting an SBA Loan for Amusement and Recreation Industries
Looking for SBA loans for amusement and recreation industries? Try the SBA. This $58,800 amusement and recreation industries loan was issued by a Kansas bank.
This business knew how to go about getting a business bank loan. Based in Minneola, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Sunflower Bank, based in Salina, Kansas.
SBA Loan Borrower
COMPANY TYPE: MEMBERSHIP SPORTS AND RECREATION CLUBS
MINNEOLA, KS 67865
SBA Loan Lender
SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7997 - Membership Sports and Recreation Clubs
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
8/23/2005
Loan Approval Gross Amount
$58,800
Loan Approval from the SBA
Of the total $58,800 loan amount, the SBA guaranteed $44,100.
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 SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Strategic Investors
Good Banks for Small Business in Salina, Kansas
Find an SBA Lender in Kansas