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May 6, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Stillwater, Business Loans > Central Bank Stillwater Business Loans > Bowling Centers Loan | ||||
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We Needed a Small Business Loan in Oak Park Heights, Minnesota and We Got One!
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Get an SBA Loan for Bowling CentersWith these bank loans for bowling centers, the SBA guarantees the lender that the loan will be repaid. This bowling centers loan for $1,075,000 was given to a Minnesota entrepreneur in 2001. This company knew how to go about getting a business bank loan. Based in Oak Park Heights, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Central Bank, based in Stillwater, Minnesota. SBA Loan Borrower COMPANY TYPE: BOWLING CENTERS SBA Loan Lender CENTRAL BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713950 - Bowling Centers Loan Approval Date 6/13/2001 Loan Approval Gross Amount $1,075,000 Loan Approval from the SBA Of the total $1,075,000 loan amount, the SBA guaranteed $806,250. 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 20 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. 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: Microlending as a Small Business Funding Source Best Banks for Small Business in Stillwater, Minnesota Getting an SBA Loan in Minnesota
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