Fitness and Recreational Sports Centers Loans
Looking for loans for fitness and recreational sports centers? An SBA loan may be just what you've been looking for. This $46,000 fitness and recreational sports centers loan was issued by a Texas bank.
Getting a small business loan in Odessa, Texas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Citibank, operating out of Odessa, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL FITNESS FACILITIES
ODESSA, TX 79756
SBA Loan Lender
CITIBANK
4900 E 42ND ST
ODESSA, TX 79762
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7991 - Physical Fitness Facilities
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
2/6/2001
Loan Approval Gross Amount
$46,000
Loan Approval from the SBA
Of the total $46,000 loan amount, the SBA guaranteed $39,100.
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 SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $46,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Borrowing Money from Friends and Family
Where to Get an SBA Loan in Odessa, Texas
Getting a Business Loan in Texas