Raising Money for Amusement and Recreation Industries

Looking for bank loans for amusement and recreation industries? Try the SBA. This $85,000 amusement and recreation industries loan was issued by an Utah bank.

Getting a small business loan in Price, Utah was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Americanwest Bank, operating out of Price, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: MEMBERSHIP SPORTS AND RECREATION CLUBS
PRICE, UT 84501

SBA Loan Lender

AMERICANWEST BANK
82 W MAIN
PRICE, UT 84501

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7997 - Membership Sports and Recreation Clubs

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

1/9/2001

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $72,250.

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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start business in Price UT, you ought to talk with a local Price SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Price businesses.

This SBA loan was for $85,000. How would you spend $85,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Who Lends Money to Small Businesses in Price, Utah

SBA Lenders in Utah