SBA Loan from Bank Of Pensacola Helps Bowling Centers Company
An SBA loan from Bank Of Pensacola typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pensacola, Florida business owner got a $340,000 loan.
Getting a small business loan in Pensacola, Florida was an essential business goal for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Pensacola, operating out of Pensacola, Florida. Here are the details on this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: BOWLING CENTERS
PENSACOLA, FL 32501
SBA Loan Lender
BANK OF PENSACOLA
125 W ROMANA ST
PENSACOLA, FL 32502
This SBA 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
2/5/2003
Loan Approval Gross Amount
$340,000
Loan Approval from the SBA
Of the total $340,000 loan amount, the SBA guaranteed $255,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. 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 funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - Friends and Family
Find an SBA Lender in Pensacola, Florida
SBA Florida Lenders