Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Where to Get a Small Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Golf U.S.A. retail Golf Equip. Franchise Issued By Regions Bank

Borrowing money to invest in a Golf U.S.A. retail Golf Equip. franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Van Buren, Arkansas needed money to invest in a Golf U.S.A. retail Golf Equip. franchise back in 2000. Regions Bank issued an SBA franchise loan. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

BIRDIE TIME INC
VAN BUREN, AR 72956

SBA Loan Lender

REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

5/1/2000

Loan Approval Gross Amount

$245,700

Loan Approval from the SBA

Of the total $245,700 loan amount, the SBA guaranteed $184,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Golf U.S.A. retail Golf Equip. franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

GOLF USA Inc.

Raising Venture Capital

Best Banks for Small Business in Atlanta, Georgia

Getting an SBA Loan in Georgia