Fitness and Recreational Sports Centers Bank Loans

Looking for bank loans for fitness and recreational sports centers? An SBA loan may be just what you've been looking for. This $382,340 fitness and recreational sports centers loan was issued by a Wisconsin bank.

This small firm knew how to go about getting a business bank loan. Based in Rhinelander, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Peoples State Bank, based in Wausau, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL FITNESS FACILITIES
RHINELANDER, WI 54501

SBA Loan Lender

PEOPLES STATE BANK
1905 STEWART AVE
WAUSAU, WI 54401

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

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

1/14/2000

Loan Approval Gross Amount

$382,340

Loan Approval from the SBA

Of the total $382,340 loan amount, the SBA guaranteed $286,755.

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 3 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Business Line of Credit

SBA Approved Banks in Wausau, Wisconsin

SBA Wisconsin Lenders