Get an SBA Loan for Bowling Centers

With these bank loans for bowling centers, the SBA guarantees the lender that the loan will be repaid. This bowling centers loan for $1,075,000 was given to a Minnesota entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Oak Park Heights, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Central Bank, based in Stillwater, Minnesota.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
OAK PARK HEIGHTS, MN 55082

SBA Loan Lender

CENTRAL BANK
2270 FRONTAGE RD
STILLWATER, MN 55082

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713950 - Bowling Centers

Loan Approval Date

6/13/2001

Loan Approval Gross Amount

$1,075,000

Loan Approval from the SBA

Of the total $1,075,000 loan amount, the SBA guaranteed $806,250.

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 20 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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