Sporting and Recreational Goods and Supplies Wholesalers Commercial Loans
Looking for commercial loans for sporting and recreational goods and supplies wholesalers? The SBA may be the answer. This $20,000 sporting and recreational goods and supplies wholesalers loan was issued by a Florida bank.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Premier Bank, out of Tallahassee, Florida. The loan was granted and they received $20,000 to help grow their Tallahassee, Florida business.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES
TALLAHASSEE, FL 32303
SBA Loan Lender
PREMIER BANK
3110 CAPITAL CIRCLE NE
TALLAHASSEE, FL 32308
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5091 - Sporting and Recreational Goods and Supplies
NAICS Code
421910 - Sporting and Recreational Goods and Supplies Wholesalers
Loan Approval Date
9/7/2001
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
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 only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Equity Financing
SBA 7A Banks for Tallahassee, Florida Loans
Where to Get an SBA Loan Florida