Loan to Buy Golf Etc. Franchise Issued By Sterling Bank
Borrowing money to purchase a Golf Etc. franchise? Sterling Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Golf Etc. franchise? If so, here's a 2001 SBA franchise loan that you should know about. Sterling Bank was the lender and the entrepreneur was based in Missouri City, Texas.
SBA Loan Borrower
GOLF ETC - MISSOURI CITY
MISSOURI CITY, TX 77459
SBA Loan Lender
STERLING BANK
2550 N LOOP WEST
HOUSTON, TX 77092
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
451110 - Sporting Goods Stores
Loan Approval Date
11/5/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Golf Etc. franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help create 1 new job.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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