Sporting and Athletic Goods Manufacturing Business Loans

With these business loans for sporting and athletic goods manufacturing, the SBA guarantees the lender that the loan will be repaid. This sporting and athletic goods manufacturing loan for $236,000 was given to a Missouri entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in St. Louis, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was St. Johns Bank & Trust, based in Saint Louis, Missouri.

SBA Loan Borrower

COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING
ST. LOUIS, MO 63632

SBA Loan Lender

ST. JOHNS BANK & TRUST
8924 ST. CHARLES ROCK RD
SAINT LOUIS, MO 63114

This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339920 - Sporting and Athletic Goods Manufacturing

Loan Approval Date

2/11/2004

Loan Approval Gross Amount

$236,000

Loan Approval from the SBA

Of the total $236,000 loan amount, the SBA guaranteed $177,000.

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 5 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $236,000. How would you spend $236,000 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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