Amusement and Recreation Industries Loans
Looking for loans for amusement and recreation industries? Try the SBA. This $319,182 amusement and recreation industries loan was issued by a South Dakota bank.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Dacotah Bank, out of Aberdeen, South Dakota. The loan was granted and they received $319,182 to help grow their Aberdeen, South Dakota business.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
ABERDEEN, SD 57401
SBA Loan Lender
308 S MAIN ST
ABERDEEN, SD 57401
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
7999 - Amusement and Recreation Services
713990 - Amusement and Recreation Industries
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $319,182 loan amount, the SBA guaranteed $239,386.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $319,182. How would you spend $319,182 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.
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