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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Fitness and Recreational Sports Centers Business Loans

Looking for business loans for fitness and recreational sports centers? Try the SBA. This $27,000 fitness and recreational sports centers loan was issued by a Wisconsin bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Alliance Bank, out of Cochrane, Wisconsin. The loan was granted and they received $27,000 to help grow their Winona, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL FITNESS FACILITIES
WINONA, MN 55987

SBA Loan Lender

ALLIANCE BANK
103 S MAIN
COCHRANE, WI 54622

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7991 - Physical Fitness Facilities

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

11/7/2001

Loan Approval Gross Amount

$27,000

Loan Approval from the SBA

Of the total $27,000 loan amount, the SBA guaranteed $22,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

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:

Realistic Debt Financing Options

Who Lends Money to Small Businesses in Cochrane, Wisconsin

Where to Get an SBA Loan Wisconsin