Business Loans for Fitness and Recreational Sports Centers
Looking for business loans for fitness and recreational sports centers? An SBA loan may be just what you've been looking for. This $106,300 fitness and recreational sports centers loan was issued by a South Dakota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vinton, Iowa was able to borrow $106,300 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $90,355 of this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
Vinton, IA 52349
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
This lender provides SBA bank 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.
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
11/29/2006
Loan Approval Gross Amount
$106,300
Loan Approval from the SBA
Of the total $106,300 loan amount, the SBA guaranteed $90,355.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you want money for start up business? 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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