Sporting Goods Stores Commercial Loans

Looking for commercial loans for sporting goods stores? Talk to a banker who works with the SBA. This $150,000 sporting goods stores loan was issued by an Indiana bank.

Getting a small business loan in Evansville, Indiana was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Evansville, operating out of Evansville, Indiana. Here are the details on this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES AND BICYCLE SHOPS
EVANSVILLE, IN 47715

SBA Loan Lender

BANK OF EVANSVILLE
4424 VOGEL RD
EVANSVILLE, IN 47715

This lender issued this particular debt financing 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.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Evansville IN, you ought to talk with a local Evansville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Evansville businesses.

We can help you find the best banks for small businesses in Evansville 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:

Business Incubators

Where to Get an SBA Loan in Evansville, Indiana

Getting an SBA Loan in Indiana