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May 1, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Saint Cloud, Business Loans > Bremer Bank Saint Cloud Business Loans > Fitness And Recreational Sports Centers Loan | ||||
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Raising Money in Menomonie, Wisconsin With SBA Loans
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Business Loans for Fitness and Recreational Sports CentersWith these business loans for fitness and recreational sports centers, the SBA guarantees the lender that the loan will be repaid. This fitness and recreational sports centers loan for $150,000 was given to a Wisconsin entrepreneur in 2007. This business knew how to go about getting a business bank loan. Based in Menomonie, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bremer Bank, based in Saint Cloud, Minnesota. SBA Loan Borrower COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS SBA Loan Lender BREMER BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 12/17/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 27 employees. The loan application indicated that the loan would help retain 27 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Where to Get an SBA Loan in Saint Cloud, Minnesota
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