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April 16, 2024  
 
 
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Raising Money in Harlingen, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Fitness and Recreational Sports Centers SBA Loans

Looking for SBA loans for fitness and recreational sports centers? The SBA may be the answer. This $441,900 fitness and recreational sports centers loan was issued by a Texas bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of San Antonio, Texas. The loan was granted and they received $441,900 to help grow their Harlingen, Texas business.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL FITNESS FACILITIES
HARLINGEN, TX 78551

SBA Loan Lender

WELLS FARGO BANK
16414 SAN PEDRO, STE 1000
SAN ANTONIO, TX 78232

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

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

2/25/2000

Loan Approval Gross Amount

$441,900

Loan Approval from the SBA

Of the total $441,900 loan amount, the SBA guaranteed $331,425.

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 12 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Harlingen TX, you ought to talk with a local Harlingen SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Harlingen businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How to Raise Money

Find an SBA Lender in San Antonio, Texas

Texas SBA 7A Lenders