Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Vinton, Iowa Businesses

 

 
Loan Census SBA Loan Info

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.

Related Links:

VC Firms on Twitter

SBA 7A Banks for Sioux Falls, South Dakota Loans

South Dakota SBA 7A Lenders