Wabash, IN Entrepreneur Gets SBA Loan to Buy Putt Putt Golf Course Franchise

Need a loan to purchase a Putt Putt Golf Course franchise? First Western Sblc, Inc has a history of making these loans and they are guaranteed by the SBA.

If you live near Wabash, Indiana and are interested in buying a Putt Putt Golf Course franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by First Western Sblc, Inc. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

WABASH PUTT-PUTT
WABASH, IN 46992

SBA Loan Lender

FIRST WESTERN SBLC, INC
17950 PRESTON RD, STE 600,
DALLAS, TX 75252

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

1/22/2001

Loan Approval Gross Amount

$506,700

Loan Approval from the SBA

Of the total $506,700 loan amount, the SBA guaranteed $380,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Putt Putt Golf Course franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees 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 want money for start up business? Maybe you have a business and need capital to get to the next level? 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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