Borrowing Money for Golf Courses and Country Clubs

Looking for small business loans for golf courses and country clubs? The SBA may be the answer. This $358,000 golf courses and country clubs loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Citizens Bank, out of Hudson, Wisconsin. The loan was granted and they received $358,000 to help grow their Turtle Lake, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: PUBLIC GOLF COURSES
TURTLE LAKE, WI 54889

SBA Loan Lender

CITIZENS BANK
1525 COULEE RD
HUDSON, WI 54016

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7992 - Public Golf Courses

NAICS Code

713910 - Golf Courses and Country Clubs

Loan Approval Date

6/28/2000

Loan Approval Gross Amount

$358,000

Loan Approval from the SBA

Of the total $358,000 loan amount, the SBA guaranteed $268,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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