Getting an SBA Loan for Amusement and Recreation Industries
Looking for business loans for amusement and recreation industries? Try the SBA. This $60,000 amusement and recreation industries loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Monticello, Utah was able to borrow $60,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $30,000 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
MONTICELLO, UT 84535
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
5/12/2006
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $30,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Monticello or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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