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May 3, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Francis, Business Loans > Village Bank Saint Francis Business Loans > Pro Golf Loan | ||||
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I Need Commercial Loans to Buy a Franchise in Blaine, Minnesota
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Minnesota Entrepreneur Secures Financing to Buy Pro Golf FranchiseNeed money to invest in a Pro Golf franchise? Village Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Pro Golf franchise? If so, here's a 2005 SBA franchise loan that you should know about. Village Bank was the lender and the entrepreneur was based in Blaine, Minnesota. SBA Loan Borrower PRO GOLF SBA Loan Lender VILLAGE BANK This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 11/15/2005 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in Blaine or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Saint Francis, Minnesota Banks for Small Business
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