Bank Loans for Sporting Goods Stores
Looking for bank loans for sporting goods stores? Try the SBA. This $95,000 sporting goods stores loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Pacific State Bank, out of Tracy, California. The loan was granted and they received $95,000 to help grow their Tracy, California business.
SBA Loan Borrower
COMPANY TYPE: SPORTING GOODS STORES
TRACY, CA 95376
SBA Loan Lender
PACIFIC STATE BANK
2850 TRACY BLVD
TRACY, CA 95376
This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
451110 - Sporting Goods Stores
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $95,000 loan amount, the SBA guaranteed $80,750.
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 5 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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