Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Rockville, Connecticut Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Bowling Centers

Looking for loans for bowling centers? An SBA loan may be just what you've been looking for. This $98,000 bowling centers loan was issued by a Connecticut bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rockville, Connecticut was able to borrow $98,000 from Rockville Bank. The SBA made the loan possible by guaranteeing $83,300 of this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
ROCKVILLE, CT 06066

SBA Loan Lender

ROCKVILLE BANK
25 PARK ST
ROCKVILLE, CT 06066

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

7933 - Bowling Centers

NAICS Code

713950 - Bowling Centers

Loan Approval Date

6/5/2002

Loan Approval Gross Amount

$98,000

Loan Approval from the SBA

Of the total $98,000 loan amount, the SBA guaranteed $83,300.

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 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $98,000. How would you spend $98,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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 Rockville, Connecticut

SBA Connecticut Banks