Loan to Buy Golf U.S.A. retail Golf Equip. Franchise Issued By First Neighborhood Bank, Inc.

Need a loan to buy a Golf U.S.A. retail Golf Equip. franchise? First Neighborhood Bank, Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Golf U.S.A. retail Golf Equip. franchise requires some effort but others before you have been successful. In 2003, First Neighborhood Bank, Inc. issued an SBA franchise loan to an entrepreneur in Parkersburg, West Virginia. Because Golf U.S.A. retail Golf Equip. was registered with the SBA's registry of franchises, this West Virginia small business loan was issued on an expedited basis.

SBA Loan Borrower

GOLF USA OF PARKERSBURG WV
PARKERSBURG, WV 26101

SBA Loan Lender

FIRST NEIGHBORHOOD BANK, INC.
4416 EMERSON AVE
PARKERSBURG, WV 26104

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

3/18/2003

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Golf U.S.A. retail Golf Equip. franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are raising money in Parkersburg WV, you ought to talk with a local Parkersburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Parkersburg businesses.

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 $65,000 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:

GOLF USA Inc.

Business Credit Evaluation

SBA 7A Banks in Parkersburg, West Virginia

West Virginia SBA Bank Lenders