Financing for Bowling Centers

Looking for loans for bowling centers? Talk to a banker who works with the SBA. This $620,000 bowling centers loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Hometown Bank, out of Fond Du Lac, Wisconsin. The loan was granted and they received $620,000 to help grow their Waupaca, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
WAUPACA, WI 54981

SBA Loan Lender

HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713950 - Bowling Centers

Loan Approval Date

3/1/2001

Loan Approval Gross Amount

$620,000

Loan Approval from the SBA

Of the total $620,000 loan amount, the SBA guaranteed $465,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Hometown Bank and they will explain how you can get an SBA loan for your company.

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:

Determining Proper Capital Structure for a Business

Find an SBA Lender in Fond Du Lac, Wisconsin

SBA Lenders in Wisconsin