Where to Get Capital for Golf Courses and Country Clubs
With these SBA loans for golf courses and country clubs, the SBA guarantees the lender that the loan will be repaid. This golf courses and country clubs loan for $20,000 was given to a Massachusetts entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woburn, Massachusetts was able to borrow $20,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $10,000 of this Massachusetts small business loan.
SBA Loan Borrower
COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS
WOBURN, MA 01890
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
713910 - Golf Courses and Country Clubs
Loan Approval Date
3/31/2004
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Woburn or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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