Where to Get Capital for Bowling Centers

Looking for small business loans for bowling centers? The SBA may be the answer. This $147,100 bowling centers loan was issued by a Wisconsin bank.

This small firm knew how to go about getting a business bank loan. Based in Stanley, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Anchorbank, Fsb, based in Madison, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
STANLEY, WI 54768

SBA Loan Lender

ANCHORBANK, FSB
25 W MAIN ST
MADISON, WI 53703

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 7A 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

12/3/2003

Loan Approval Gross Amount

$147,100

Loan Approval from the SBA

Of the total $147,100 loan amount, the SBA guaranteed $125,035.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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 $147,100 loan. Remember, if it to be, it is up to me!

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:

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Small Business Banks in Madison, Wisconsin

Getting a Business Loan in Wisconsin