Financing for Bowling Centers

Looking for loans for bowling centers? Try the SBA. This $716,062 bowling centers loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Seven Points, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Franklin Bank S.S.B., based in Seven Points, Texas.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
SEVEN POINTS, TX 75147

SBA Loan Lender

FRANKLIN BANK S.S.B.
601 E CEDAR CREEK PKWY
SEVEN POINTS, TX 75143

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7933 - Bowling Centers

NAICS Code

713950 - Bowling Centers

Loan Approval Date

10/23/2002

Loan Approval Gross Amount

$716,062

Loan Approval from the SBA

Of the total $716,062 loan amount, the SBA guaranteed $537,047.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $716,062 loan. Remember, feel the fear, and do it anyway.

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:

Alternative Financing

Best Seven Points, Texas Banks for Small Business

SBA Participating Banks in Texas