Amusement and Theme Parks Loans

With these loans for amusement and theme parks, the SBA guarantees the lender that the loan will be repaid. This amusement and theme parks loan for $1,030,000 was given to a California entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oak Glen, California was able to borrow $1,030,000 from Inland Commun Bank. The SBA made the loan possible by guaranteeing $772,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND THEME PARKS
OAK GLEN, CA 92399

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

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

713110 - Amusement and Theme Parks

Loan Approval Date

8/21/2007

Loan Approval Gross Amount

$1,030,000

Loan Approval from the SBA

Of the total $1,030,000 loan amount, the SBA guaranteed $772,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Determining Proper Capital Structure for a Business

SBA Banks in Rialto, California

California SBA 7A Lenders