Borrowing Money for Amusement and Recreation Industries
Looking for loans for amusement and recreation industries? The SBA may be the answer. This $209,900 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 Palm Coast, Florida was able to borrow $209,900 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $157,425 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
PALM COAST, FL 32164
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713990 - Amusement and Recreation Industries
Loan Approval Date
5/8/2007
Loan Approval Gross Amount
$209,900
Loan Approval from the SBA
Of the total $209,900 loan amount, the SBA guaranteed $157,425.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the borrowed money would help create 6 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Palm Coast FL, you ought to talk with a local Palm Coast SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Palm Coast businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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